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X Company has two production departments, A and B. At the start of the year, the following budgeted information is available: $800,000 $5,100,000 50,000 100,000
X Company has two production departments, A and B. At the start of the year, the following budgeted information is available: $800,000 $5,100,000 50,000 100,000 Department A Direct labor Overhead Direct labor hours Machine hours Department B Direct labor Overhead Direct labor hours Machine hours $640,000 $1,800,000 40,000 120,000 The following information is for two specific jobs, #301 and #302, that were completed during the year: Department A Department B $12,256 766 1,030 $4,432 277 870 Job #301 Direct labor Direct labor hours Machine hours Job #302 Direct labor Direct labor hours Machine hours $7,232 452 1,290 $9,328 583 740 3. If X Company has used a plantwide allocation system with direct labor hours as the cost driver, what would have been the allocation to Job #301 [round overhead rate(s) to two decimal places]? Submit Answer Tries 0/3 4. If X Company had used a departmental allocation system with direct labor hours as the cost driver in Department A and machine hours as the cost driver in Department B, what would have been the allocation to Job #301 [round overhead rate(s) to two decimal places)? Submit Answer Tries 0/3
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