can you show me with detailed calculations how to arrive at each answer. thanks
Above question is about determination of predetermined overhead rate and application of overhead cost to particular jobs. Refer below images for more detailed solution.
can you show me with detailed calculations how to arrive at each answer. thanks Bierce Corporation...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Machining Finishing 4,000 6,000 $ 5,200 $ 20,400 $ 1.50 $ 6.00 Total 10,000 $ 25,600 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Machining Finishing 6,000 5,000 $ 5,100 $ 39,200 $ 1.40 $ 2.00 Total 11,000 $ 44,300 During the most recent month, the company started and completed two jobs Job B and Job K. There were no beginning inventories....
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Finishing Total Estimated total machine-hours (MHs) 7,000 3,000 10,000 Estimated total fixed manufacturing overhead cost $ 8,400 $ 11,700 $ 20,100 Estimated variable manufacturing overhead cost per MH $ 3.00 $ 5.00 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Machining Finishing 5,000 5,000 $ 6,500 $ 29,500 $ 2.00 $ 4.00 Total 10,000 $ 36,000 During the most recent month, the company started and completed two jobs-- Job B and Job K. There were no beginning inventories....
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Finishing Total Estimated total machine-hours (MHs) 9,000 8,000 17,000 Estimated total fixed manufacturing overhead cost $ 18,000 $ 7,800 $ 25,800 Estimated variable manufacturing overhead cost per MH $ 2.70 $ 5.00 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Finishing Total Estimated total machine-hours (MHs) 7,000 3,000 10,000 Estimated total fixed manufacturing overhead cost $ 8,400 $ 11,700 $ 20,100 Estimated variable manufacturing overhead cost per MH $ 3.00 $ 5.00 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Finishing Total Estimated total machine-hours (MHs) 7,000 3,000 10,000 Estimated total fixed manufacturing overhead cost $ 8,400 $ 11,700 $ 20,100 Estimated variable manufacturing overhead cost per MH $ 3.00 $ 5.00 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MH) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Machining Finishing 6,000 5,000 $ 5,100 $ 39,200 $ 1.40 $ 2.00 Total 11,000 $ 44,300 During the most recent month, the company started and completed two jobs-Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Machining 2,000 $ 2,400 $ 2.10 Finishing 8,000 $ 64,000 $ 6.00 Total 10,000 $ 66,400 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Finishing Total Estimated total machine-hours (MHs) 9,000 8,000 17,000 Estimated total fixed manufacturing overhead cost $ 18,000 $ 7,800 $ 25,800 Estimated variable manufacturing overhead cost per MH $ 2.70 $ 5.00 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data...