Question
The Carefeel company books of accounts at the end of 2018 showed the following. Machining Finishing Department Department Manufacturing overhead incurred $10,000,000 $7,982,000 Direct manufacturing
The Carefeel company books of accounts at the end of 2018 showed the following. Machining Finishing Department Department Manufacturing overhead incurred
$10,000,000 $7,982,000 Direct manufacturing labour costs $ 1,030,000 $4,100,000 Machine-hours 200,000 34,000
Question; (i) Compute the under allocated manufacturing overhead for the plant
(ii) Compute the over allocated manufacturing overhead for the plant
(iii) Compute the total over allocated for Carfeel company.
(iv) Critically evaluate why might Carefeel used two different manufacturing overhead cost pools in its job-costing system? - - - - - - - - (v)The President wants to enhance the manufacturing system by improvising without compromising with the ethical issues in accounting.
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