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XYZ Company manufactures computer monitors, In June, the two production departments had budgeted allocation bases of 10,000 machine hours in Department A and 5,000 direct
XYZ Company manufactures computer monitors, In June, the two production departments had budgeted allocation bases of 10,000 machine hours in Department A and 5,000 direct manufacturing labour hours in Department B. The budgeted manufacturing overheads for the month were $44,000 and $38,500, respectively, For Job 500 , the actual costs incurted in the two departments were as follows: Job 500 incurred 1,000 machune hours in Department A and 300 manufacturing labour hours in Department B. The company uses a budgeted departmental overhead rate for applying overhead to production. ANS BLANK 1. What in the budgeted indirect cost allocation rate for Department A? ANS BLANK 2. What is the budgeted indirect cost allocation rate for Department B? ANS BLANK 3. What is the totat coit assigned to lob soo based on normal costing? Blank \# 1 Blank \# 2 Blank 3
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