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X Company has two production departments, A and B. At the start of 2018, the following budgeted cost information was available: Overhead Department A $610,000
X Company has two production departments, A and B. At the start of 2018, the following budgeted cost information was available:
Overhead | |
Department A | $610,000 |
Department B | $210,000 |
The following activity information is for X Company's only two jobs, Job 11 and Job 22, both of which were started and completed during the year:
Job 11 | Job 22 | |||
Direct labor hours in Department A | 1,442 | 706 | ||
Direct labor hours in Department B | 554 | 1,278 | ||
Machine hours in Department A | 2,120 | 2,600 | ||
Machine hours in Department B | 1,660 | 1,500 |
Using a departmental allocation system with machine hours as the cost driver in Department A and direct labor hours as the cost driver in Department B, what was the allocation to Job 11 [round overhead rate(s) to two decimal places]?
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