Question

Help Save Opunul Corporation has two manufacturing departments-Molding 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 Molding 4,eee $ 3e, eee 2.80 Finishing 1,000 3,480 Total 5, eae $ 33,400 $ $ 4.ee During the most recent month, the company started and completed two jobs Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job A $14,700 $21,600 2,700 400 Job M $8,400 $8,482 1,300 e Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to (Round your intermediate calculations to 2 decimal places.)

Answer 1

Answer:

Option 3rd is correct. i.e $34,052.

	Amount($)
Total fixed manufacturing overhead	33,400
Total variable manufacturing overhead(4000*2)+(1000*4)	12,000
Total manufacturing overhead	45,400
Divide by Total machine hours	5,000
Predetermined manufacturing overhead rate	9.08
	Job M
Direct materials	8,400
Direct labor	8,400
Overhead applied(1300+600)*9.08	17,252
Total manufacturing cost	34,052