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uestions 3 ter to the following X Company has two production departments, A and B. At the start of the year, the following budgeted information
uestions 3 ter to the following X Company has two production departments, A and B. At the start of the year, the following budgeted information is available: $640,000 $5,500,000 40,000 110,000 Department A Direct labor Overhead Direct labor hours Machine hours Department B Direct labor Overhead Direct labor hours Machine hours $800,000 $1,900,000 50,000 140,000 The following information is for two specific jobs, #301 and #302, that were completed during the year: Department A Department B $12,544 784 1,040 $3,552 222 870 Job #301 Direct labor Direct labor hours Machine hours Job #302 Direct labor Direct labor hours Machine hours $6,064 379 $8,752 547 720 1,300 3. If X Company has used a plantwide allocation system with machine hours as the cost driver, what would have been the allocation to Job #301 [round overhead rate(s) to two decimal places)? OA: $8,820 OB: $12,789 Oc: $18,545 OD: $26,890 OE: $38,990 OF: $56,536 Submit Answer Tries 0/99 4. If X Company had used a departmental allocation system with direct labor hours as the cost driver in Department A and machine hours as the cost driver in Department B, what would have been the allocation to Job #301 [round overhead rate(s) to two decimal places]? OA: $ 56,887 OB: $82,487 C: $119,606 D: $173,429| OE: $251,471 OF: $364,634 Submit Answer Tries 0/99
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