The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Falls, Minnesota, uses a job order costing system for its batch production processes. The St. Falls plant has two departments through which most jobs pass. Plantwide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $200,000. During the past year, actual plantwide overhead was $194,000. Each department's overhead consists primarily of depreciation and other machine related expenses. Selected budgeted and actual data from the St. Falls plant for the past year are as follows: Department Department $ 144,000 130,000 $ 451,000 466,000 Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity Direct labor hours Machine-hours Actual activity Direct Labor hours Machine-hours 32,000 12.000 10,000 41,000 32,500 12,500 9,000 43,000 For the coming year, the accountants at St. Falls are in the process of helping the sales force create bids for several jobs, Projected data pertaining only to job no. 110 are as follows 36.000 3.000 Direet materials Direct labor cost Department A (2.000 h) Department (500 h) Machine hours projected Department Department B Units produced 120 1,200 3.000 c-1. The sales policy at St. Falls dictates that job bids be calculated by adding 20 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at St. Falls dictates that job bids be calculated by adding 20 percent to total manufacturing costs. What The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Falls, Minnesota, uses a job order costing system for its batch production processes. The St. Falls plant has two departments through which most jobs pass. Plantwide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $200,000. During the past year, actual plantwide overhead was $194,000. Each department's overhead consists primarily of depreciation and other machine related expenses. Selected budgeted and actual data from the St. Falls plant for the past year are as follows: Department Department $ 144,000 130,000 $ 451,000 466,000 Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity Direct labor hours Machine-hours Actual activity Direct Labor hours Machine-hours 32,000 12.000 10,000 41,000 32,500 12,500 9,000 43,000 For the coming year, the accountants at St. Falls are in the process of helping the sales force create bids for several jobs, Projected data pertaining only to job no. 110 are as follows 36.000 3.000 Direet materials Direct labor cost Department A (2.000 h) Department (500 h) Machine hours projected Department Department B Units produced 120 1,200 3.000 c-1. The sales policy at St. Falls dictates that job bids be calculated by adding 20 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at St. Falls dictates that job bids be calculated by adding 20 percent to total manufacturing costs. What
