Question
The following information is available pertaining to Evan Division, that uses a plantwide overhead rate based on machine hours: Mixing Dept. Finishing Dept. Total Overhead
The following information is available pertaining to Evan Division, that uses a plantwide overhead rate based on machine hours:
|
| Mixing Dept. | Finishing Dept. | Total |
| Overhead | $30,000 | $73,500 | $103,500 |
| Direct labor-hours | 4,000 | 1,250 | 5,250 |
| Machine-hours | 1,500 | 3,000 | 4,500 |
Production information pertaining to Job 501:
|
| Mixing Dept. | Finishing Dept. | Total |
| Prime costs | $5,000 | $ 0 | $5,000 |
| Direct Labor-hours | 125 | 0 | 125 |
| Machine-hours | 5 | 4 | 9 |
| Units produced | 250 | 0 | 250 |
What are the total overhead costs assigned to Job 501?
| A. | $240 | |
| B. | $180 | |
| C. | $207 | |
| D. | $360 |
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Managerial Accounting 1
Authors: Ray H. Garrison
1st Edition
1259114457, 978-1259114458
