Answered step by step
Verified Expert Solution
Question
1 Approved Answer
vedet Submit TB MC Qu. 2.98 (Algo) Opunui Corporation has two manufacturing... Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following
vedet Submit TB MC Qu. 2.98 (Algo) Opunui Corporation has two manufacturing... Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Estimated total machine-hours (MHS) 3,250 Estimated total fixed manufacturing overhead cost $ 25,000 $ 1.50 Estimated variable manufacturing overhead cost per MH Finishin 1,750 $ 4,804 $ 3.00 During the most recent month, the company started and completed two jobs-- Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: JobA Job M Direct materials $ 16,500 $ 9,800 Direct labor cost $ 23,200 $ 10,200 Molding machine-hours 1,250 2,800 Finishing machine-hours 1,250 500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.) * Malwarebytes Ant-Malware Databases Out of Date Your database is out of date. It is importar protected by Installing the latest updates un 7592 70F 9/10/20 A arch ation has two manufacturing... tments--Molding and Finishing. The company used the following etermined overhead rates: rhead cost ad cost per MH Molding 3,250 $ 25,000 $ 1.50 Finishing 1,750 $ 4,800 $ 3.00 Total 5,000 $ 29,800 and completed two jobs--Job A and Job M. There were no obs follow: ,500 ,200 250 - 250 Job M $ 9,800 $ 10,200 2,000 500 rmined manufacturing overhead rate based on machine-hours. sest to: (Round your intermediate calculations to 2 decimal Malwarebytes Anti-Malware Seved Saved Multiple Choice $39,975 $10.200 $19,975 $9,800
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started