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TB Problem Qu. 2-282 (Algo) Bulla Corporation has two production... Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing

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TB Problem Qu. 2-282 (Algo) Bulla Corporation has two production... Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing Machine-hours 18,000 20,000 Direct labor-hours 1.000 2,000 Total fixed manufacturing overhead cont $ 90,000 $ 88,000 Variable manufacturing overhead per machine-hour $ 2.00 Variable manufacturing overhead per direct labor-hour $ 4.00 During the current month the company started and finished Job K369. The following data were recorded for this job: Job. 369 Machining Customizing Machine-hours Direct Labor-hour 40 60 Required: Calculate the total amount of overhead applied to Job K369 In both departments. (Do not round Intermediate calculations.) 70 40 Overhead applied

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