Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Wilmington Company has two manufacturing departmentsAssembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data
Wilmington Company has two manufacturing departmentsAssembly 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 particularjob completed during the yearJob Bravo. Estimated Data Jltsserrlblgtur Fabrication Total Manufacturing overhead costs $ 1,929,963 $ 2,249,966 $ 4,166,666 Direct labor-hours 36,980 48,666 128,666 Machinehour's 32,933 159,966 192,666 Job Bravo Assembly Fabrication Total Direct labor-hours l? 9 2E Machinehour's 9 12 21 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. li Wilmington uses departmental predetermined overhead rates with direct laborhours as the allocation base in Assembly and machinehours as the allocation base in :abrication, 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
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