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Stockmaster Corporation has two manufacturing departments - Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined
Stockmaster Corporation has two manufacturing departments - Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Forming Assembly Total Estimated total machine-hours (MHs) 5,000 5,000 10,000 Estimated total fixed manufacturing overhead cost $ 27,000 $ 10,500 $ 37,500 Estimated variable manufacturing overhead cost per MH $ 1.10 $ 2.80 During the most recent month, the company started and completed two jobs - Job C and Job There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Forming machine-hours Assembly machine-hours Job C Job H $ 11,200 $ 7,500 $ 21,000 $ 7,800 3,400 1,600 2,000 3,000 D) Total Overhead for Foaming? For Assembly ?: 2) What is the combined POHR (both use MH's)? 3) What is the Total Overhead applied to Job C? 4) What is the total manufacturing cost of Job C? 5) What is the Selling Price Assuming a markup of 40%
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