Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6655f2fa8eb16_7946655f2fa88ce3.jpg)
Transcribed Image Text:
Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is 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. Estimated Data Direct labor-hours Machine-hours Assembly Manufacturing overhead costs $ 1,920,000 80,000 32,000 Fabrication $ 2,240,000 48,000 160,000 Total $ 4,160,000 128,000 192,000 Assembly Fabrication Direct labor-hours 17 9 9 12 Total 26 21 Job Bravo Machine-hours Required: 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo? 2. 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? (Round your intermediate calculations to 2 decimal places.) 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 Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is 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. Estimated Data Direct labor-hours Machine-hours Assembly Manufacturing overhead costs $ 1,920,000 80,000 32,000 Fabrication $ 2,240,000 48,000 160,000 Total $ 4,160,000 128,000 192,000 Assembly Fabrication Direct labor-hours 17 9 9 12 Total 26 21 Job Bravo Machine-hours Required: 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo? 2. 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? (Round your intermediate calculations to 2 decimal places.) 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
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Multiple-choice questions: a. The balance sheet equation can be defined as which of the following? 1. Assets + Stockholders Equity = Liabilities 2. Assets + Liabilities = Stockholders Equity 3....
-
Table 8.5 shows the prepregnancy weights of 25 mothers and the birth weights of their children, both in kilograms [7]. a. Which would you use as the dependent variable and which as the explanatory...
-
Joint Product Cost AllocationMarket Value Method; By-Product Cost AllocationMarket Value (Reversal Cost) Method. Alba Company manufactures joint products X and Y as well as by-product Z. Cumulative...
-
Marilyn Helm Retailers is attempting to decide on a location for a new retail outlet. At the moment, the firm has three alternativesstay where it is but enlarge the facility; locate along the main...
-
Explain baseline reading / data . What are its capabilities in equipment / error detection and how does it relate to trending? Draw a trending graph for two different pieces of equipment. Explain...
-
Amadeus Corporation is considering the issue of a new product to be added to its product mix. They hired you, a recent business graduate from MacEwan, for conducting the analysis. The production line...
-
R Programing: You have decided to design a movie theatre on Mars, and the designer of the seating layout needs to know whether the mean height of individuals on Mars is greater than 1.70meters....
-
May I have a word" Alysha Stark popped her head in at the corner office of the Managing Director Mike O' Connor. It's early on a Monday morning. When Alysha, his star Director, starts something this...
-
1. What are the threats being faced by Indian General Insurance Ltd. (IGIL)? 2. What are its traditional strengths? What 'business definitions' should it follow while capitalizing on its traditional...
-
You go to discuss the incident and the client's claims with your supervisor. As you retell the incident, it is clear that your supervisor is not comfortable. You ask your supervisor for advice on the...
-
Case Study Two: Rawlings Rawlings is an American sports equipment manufacturing company based in Town and Country, Missouri, and founded in 1887. Rawings specializes in baseball equipment and...
-
The discussion is for Administrating organizational change course. (we should write 300 words) Discussion question is: Refer to table 6.4 in your book. Think of a time when you were introduced to...
-
Textbook used for this course: The Economics of Sports, 6th edition, by Michael Leeds, Peter von Allmen, and Victor Matheson (Routledge Publishing) 3. Below are the final winning percentages of the...
-
(Post-Balance Sheet Events) At December 31, 2007, Angie Brandt Corp. has assets of $10,000,000, liabilities of $6,000,000, common stock of $2,000,000 (representing 2,000,000 shares of $1 par common...
-
(Disclosures, Conditional and Contingent Liabilities) Presented below are three independent situations. Situation 1 A company offers a one-year warranty for the product that it manufactures. A...
-
(Segment Reporting) You are compiling the consolidated financial statements for Vender Corporation International. The corporations accountant, Vincent Price, has provided you with the following...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App