Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed
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 Assembly Fabrication Total Manufacturing overhead costs $ 1,920,000 $ 2, 240,000 $4,160,000 Direct labor-hours 80,000 48,000 128,000 Machine-hours 32,000 160,000 192,000 Job Bravo Direct labor-hours Machine-hours Assembly Fabrication Total 17 9 20 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. 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 calculation to 2 decimal places.) 1 Plantvide manufacturing overhead applied to Job Bravo 2 Manufacturing overhead applied from Assembly to Job Bravo Manufacturing overhead applied from Fabrication to Job Bravo Total departmental manufacturing overhead applied to Job Bravo

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

Statistical Analysis Microsoft Excel 2010

Authors: Conrad Carlberg

1st Edition

0789747200, 9780789747204

More Books

Students also viewed these Accounting questions

Question

2 What are the key barriers to implementing HRM?

Answered: 1 week ago

Question

1 What are three of the formative traditions in HRM?

Answered: 1 week ago