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urgent Bierce Corporation has two manufacturing departments-Mochining and Finishing. The company used the following data of the beginning of the year to calculate predetermined overhead
urgent
Bierce Corporation has two manufacturing departments-Mochining and Finishing. The company used the following data of the beginning of the year to calculate predetermined overhead rates: During the most recent month, the company started and completed two jobs-Job B and Job K. There were no beginning inventories. Data concerning thase two jobs follow. Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Caiculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the amount of manufacturing overhead applied to Job B. (Do not round intermediate calculations.) c. Assume that the company uses o plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the amount of manufacturing overheod applied to Job K. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount) d. Assume that the company uses departmentat predetermined overhead rates with machine-hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the Machining department? (Round your answer to 2 decimal places.) e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Finishing department? (Round your answer to 2 decimal places.) f. Assume that the company uses departmental predetermined overhead rates wath machine-hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job B? (Do not round intermediate caiculations.) g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job K? (Do not round intermediate calculations.) Step by Step Solution
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