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two different questions Assume a company has two manufacturing departments - Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be

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image text in transcribedtwo different questions
Assume a company has two manufacturing departments - Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The first set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data below is actual data for the company as a whole that was derived at the end of the year. The third set of data relates to one particular job completed during the year-Job 2 Budgeted Data Manufacturing overhead costs Direct labor hours Machine hours Assembly Tabrication $300,000 $ 400,000 25,000 15,000 10,000 50.000 Actual Data Manufacturing overhead costs Direct Labor hours Machine hours Assembly Fabrication $ 330,000 $ 380,000 27,000 16,000 10,500 48.000 Job Direct labor hours Machine hours Ansembly 10 hours 1 hour Fabrication 2 hours 7 hours Assume the company uses departmental predetermined overhead rates. It uses direct labor hours as the allocation base in Assembly and machine-hours as the allocation base in Fabelcation. What is the predetermined overhead rate in the Assembly Department? Multiple Choice $12.00 $12.20 $13.20 $12.22 If the company uses a plantwide approach for applying overhead to production with direct labor hours as the allocation base. what would be the company's plantwide predetermined overhead rate? Murple Choice $1267 51167 o $16.51 $12.50

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