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Sidney industries manufactures a variety of custom widgets. The company has traditionally used a plantwide manufacturing overhead rale based on machine hours to allocate
Sidney industries manufactures a variety of custom widgets. The company has traditionally used a plantwide manufacturing overhead rale based on machine hours to allocate manufacturing overhead to products Clok the joon to view additonal information Expected usage and costs for manufacturing overhead activities for the upcoming year are as follows: During the year Job 356 is started and completed. Usage data for this job are as follows (Click the icon to view the usage for Job 356) Requirement 1. Calculate the cost of Job 356 using the traditional plantwide manufacturing overhead rate based on machine tours Begin by calling the predetermined manufacturing overhead rate. First idently the formule used to compute the predetermined manufacturing overhead re then s Predetermined manuf More Info (Abbreviations used MOH manufacturing overhead) Data Table Estimated activity for the year 10.000 The company males at our $2.240,000 in total manufacturing overhead costs in the upcoming year and will use 10,000 machine hours. Up to waste depos fees have been absorbed into the plane manufacturing overhead one and allocated to all products as part of the manufacturing overhead process. Recenty, the company has been experiencing significantly increased waste-disposal fees for hazardous waste generated by certain products, and, as a result, profit margins on all products have been negatively impected Company management wants to implement an activity-based coating system so that managers know the cost of each product, including its hazardous waste disposal costs Description of cost pool Estimated Cost Cost driver Machine mainance costs Number of mach S 800.000 hou Engineering change Number of change onders $ 80.000 2,000 Hazardous wa Pounds of hazardous $ 1.360.000 generated 4000 $ 2240.000 Prin Done Requirements More Info 1. Ce the cost of Jub 358 using the traditional plantwide manufacturing based on machine our Calculate the cost of Jub 358 using activity-based con you were a manager, which cost estimate would provide you more 250 pounds of direct materials at 500 per pound 60 drect labor hours used at $20 per labor hour 90 machine hours used change or 50 pounds of hazardous waste generated Choose from any drop-down list and then click Check 2. 8 parts maining
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