Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Johny Pickles Brewing Company takes custom orders for seasonal brews and has two separate departments, brewing and packaging. The brewing department allocates overhead based

image text in transcribed The Johny Pickles Brewing Company takes custom orders for seasonal brews and has two separate departments, brewing and packaging. The brewing department allocates overhead based on batches produced while the packaging department allocates overhead to orders based on machine hours worked in the department. The estimated overhead for the brewing department for the year is $22,498 and the packaging department is estimated at $11,600. It is estimated that the brewery will produce 344 batches during the year and will spend 1,012 hours running the equipment to package those batches. At the end of the year, it is determined that 269 batches were actually produced and 1,002 were used to package the product. The overhead amounts actually incurred by the brewing and packaging departments were $19,059 and $10,184 respectively. What was the total overhead allocated during the year? Round your answer to two decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

22nd Edition

324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844

Students also viewed these Accounting questions