Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Wilmington Company has two manufacturing departments - Assembly and Fabrication. All of its manufacturing overhead costs are fixed costs. The first set of data shown

Wilmington Company has two manufacturing departments-Assembly and Fabrication. All of its manufacturing overhead costs are fixed costs. The first set of data shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year-Job Bravo.
\table[[Estimated Data,Assembly,Fabrication,Total,],[Manufacturing overhead costs,$3,570,000,$3,990,000,$7,560,000,],[Direct labor-hours,105,000,63,000,168,000,],[Machine-hours,42,000,210,000,252,000,],[,,,,],[Job Bravo,Assembly,Fabrication,Total,],[Direct labor-hours,22,14,36,],[Machine-hours,14,17,31,]]
Required:
If Wilmington uses a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo?
If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo?
Note: Round your intermediate calculations to 2 decimal places.
\table[[1. Plantwide manufacturing overhead applied to Job Bravo,],[2. Manufacturing overhead applied from Assembly to Job Bravo,],[2. Manufacturing overhead applied from Fabrication to Job Bravo,],[2. Total departmental manufacturing overhead applied to Job Bravo,]]
image text in transcribed

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

Comprehensive Assurance & Systems Tool An Integrated Practice Set

Authors: Laura R Ingraham, J Greg Jenkins

3rd Edition

0133251969, 9780133251968

More Books

Students also viewed these Accounting questions

Question

If ( A^2 - A + I = 0 ), then inverse of matrix ( A ) is?

Answered: 1 week ago

Question

What is computer neworking ?

Answered: 1 week ago