soon IP The Carison Company uses a job-costing system at its Dover, Delaware plant. The plant has a machining department and a finishing department Carlson uses normal costing with two direct cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine hours as the location base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows Click the icon to view the 2017 budget) Read the requirements Data Table -X $ Manufacturing overhead costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department 10,000,000 940 000 25 000 200 000 Finishing Department $ 8,181,000 $ 4,050,000 S 155 000 36,000 Print Done S 600 1.100 job-costing system 2. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? 3. During the month of January, the job-cost record for Job 431 shows the following: Machining Department Finishing Department Direct materials used $ 13,000 $ 4,500 Direct manufacturing labor costs $ Direct manufacturing labor-hours 30 70 Machine hours 120 20 Compute the total manufacturing overhead cost allocated to Job 431 4. Assuming that Job 431 consisted of 400 units of product, what is the cost per unit? 5. Amounts at the end of 2017 are as follows: Machining Department Finishing Department Manufacturing overhead incurred $ 11,600,000 $ 8,886,000 Direct manufacturing labor costs $ 1,000,000 $ 4,300.000 Machine hours 230 000 35,000 Compute the under or overallocated manufacturing overhead for each department and for the Dover plant as a whole 6. Why might Carlson use two different manufacturing overhead cost pools in its job-costing system? Dr Requirement 2. What is the budgeted manufacturing overhead rate in the machining department in the finishing department? Determine the formula then compute the budgeted overhead rates for the machining department and finishing department Budgeted overhead rate Machining Finishing % Choose from any list or enter any number in the input fields and then click Check