The Granger Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Granger uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows: (Click the icon to view the 2017 budget.) Read the requirements. Requirement 1. Identify the components of the overview diagram of Granger's job-costing system. (Abbreviations used: Manuf. = Manufacturing.) $ Manufacturing overhead costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department 10,070,000 910,000 24,000 190,000 Finishing Department $ 8,034,000 $ 4,120,000 155,000 32,000 1. Identify the components of the overview diagram of Granger's job-costing system. 2. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? 3. During the month of January, the job-cost record for Job 431 shows the following: Machining Department Finishing Department Direct materials used $ 15,500 $ 3,500 Direct manufacturing labor costs $ 700 $ 1,350 Direct manufacturing labor-hours Machine-hours Compute the total manufacturing overhead cost allocated to Job 431. 4. Assuming that Job 431 consisted of 300 units of product, what is the cost per unit? 5. Amounts at the end of 2017 are as follows: Machining Department Finishing Department Manufacturing overhead incurred $ 10,750,000 $ 8,730,000 Direct manufacturing labor costs $ 1,030,000 $ 4,400,000 20 160 WSON Help The Granger Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Granger uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining departmen with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows: (Click the icon to view the 2017 budget.) Read the requirements