the first pic is the information for the 6 required things to find
Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied Overhead) a What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b. What would the bid price have been If departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 4A Required 4B Compute the plantwide predetermined rate for the current year. Predetermined overhead rate % of direct labor cost Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Required 4A Required 4B Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. Manufacturing overhead cost applied Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predeter overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, ar overhead) a.What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b.What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cos Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Required 4A Required 4B Compute the predetermined overhead rate for each department for the current year. Predetermined Overhead Rate Fabricating department Machining department Assembly department of direct labor cost of direct labor cost of direct labor cost Complete this question by entering your answers in the tabs below. Required 1A Required 13 Required 2A Required 28 Required 4A Required 4B Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. uns job. Manufacturing overhead cost applied Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 4A Required 48 What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? Company's bid price b.What would the bid price have been If departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 13 Required 2A Required 2B Required 4 ruired 43 What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Manufacturing overhead cost applied 2 Pre-Built Problems Saved He "Blast it!" said David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers job by $2,000. It seems we're either too high to get the job or too low to make any money on half the jobs we bid." Teledex Company manufactures products to customers' specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Fabricating Machining $385,000 $440,000 $ 220,000 $ 110,000 Manufacturing overhead Assembly $ 99,000 $ 330,000 Total Plant $ 924,000 $ 660,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating $5,000 $6,800 Department Machining $ 300 $ 600 Assembly $3,400 $8.200 Total Plant $ 8,700 $15,600 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. Che Department Fabricating Machining $385.000 $ 40,000 $220.000 110.000 Assembly total plant $ 99.0005 924.000 330,000 60,000 Direct labor Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Fabricating Direct materiale Direct labor Hanufacturing overhead Department Machining $300 $ 600 Assembly $3,400 SB,200 Total Plant $8,700 $15.600 56.300 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead) What wps the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b. What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 4A Required 4B Compute the plantwide predetermined rate for the current year. Predetermined overhead rate of direct labor cost Manufacturing overhead Direct labor Department Fabricating Machining $385,000 $400,000 $ 220,000 110,000 Assembly $ 99,000 $ 330,000 Total Plant $ 924,000 660,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Machining $ 300 600 Fabricating $5,000 $6,800 Directatoriale Direct labor Manufacturing overhand Assembly $3,400 $8,200 Total Plant $8,700 $15,600 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead a What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b.What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 15 Required 2A Required 2B Required 4A Required 4B Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. Manufacturing overhead cost applied Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating $5,000 $6,800 Department Machining $300 600 Assembly $3,400 $8,200 Total Plant $8,700 $15,600 eBook Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. rences 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applie overhead). a.What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b.What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 4A Required 4B Compute the predetermined overhead rate for each department for the current year. Predetermined Overhead Rate Fabricating department + Machining department Assembly department of direct labor cost of direct labor cost of direct labor cost ter 02 Pre-Built Problems Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating $5,000 56,800 Department Machining 300 5600 Assembly $3,400 $8.200 Total Plant $8.700 $15,600 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead) a What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b.What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 13 Required 2A Required 28 Required 4A Required 48 Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. Manufacturing overhead cost applied Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Machining $300 S600 Fabricating $5,000 $6,800 Direct saterials Direct labor Manufacturing overhead Assembly $3,400 $8,200 Total Plant $ 8,700 $15,600 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. References 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a. Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and a overhead). a What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b.What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 13 Required 2A Required 2B Required 4A Required 4B What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? Company's bid price O2 Pre-Bullt Problems Saved Help Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materiale Direct labor Manufacturing overhead Fabricating 35.000 56.800 Department Machining $300 600 Assembly $3.400 38.200 Total Plant $8,700 $15,600 Required: 1. Using the company's plantwide approach: 3. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). a What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b.What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 4A Required 48 What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Manufacturing overhead cost applied