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Zhang Manufacturing Company has two departments, machining and finishing. For a given period, the following costs were incurred by the company as a whole: direct
Zhang Manufacturing Company has two departments, machining and finishing. For a given period, the following costs were incurred by the company as a whole: direct material, $430,000; direct labor, $165,000; and indirect production, $80,000. The grand total was $675,000 The machining department incurred 30% of the direct-material costs, but only 10% of the direct-labor costs. Indirect production costs amounted to $38,000 in the machining department and $42,000 in finishing. Three products were produced using the following proportions of direct material and direct labor in the two departments. E: (Click the icon to view the data for the three products.) As is commonplace, indirect production costs incurred by each department were allocated to products in proportion to the direct-labor costs of products within the departments. Read the requirements Data Table - X Requirement 1. Compute the total costs incurred by the machining department and added by the finishing department. Machining Finishing Total Product Direct Material Direct Labor Direct materials Direct labor 40% 20% Alpha Beta Indirect production 50% 10% 10% 70% Gamma Total 100% 100% Total for the machining department 50% Alpha Beta Enter any number in the edit fields and then click Check Answer. 10% 30% 60% 40% 10% Gamma parts remaining Clear A iswer 100% 100% Total added by finishing department
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