X Company has two production departments, A and B. The following
is budgeted information for all of its products in 2019, and actual
information for one of them, Product X:
Department A | All Products | Product X |
Overhead | $7,900,000 | -- |
Direct labor hours | 60,000 | 788 |
Machine hours | 120,000 | 1,080 |
Units produced | 58,000 | 560 |
Department B | ||
Overhead | $1,900,000 | -- |
Direct labor hours | 40,000 | 142 |
Machine hours | 130,000 | 900 |
Units produced | 46,000 | 560 |
Using a single-driver allocation system, with machine hours as the driver, how much overhead was allocated to Product X [round overhead rate(s) to two decimal places]?
Total Overhead | 9800000 | =7900000+1900000 |
Divide by Total Machine hours | 250000 | =120000+130000 |
Overhead rate | 39.20 | |
Total Machine hours Product X | 1980 | =1080+900 |
X Overhead rate | 39.20 | |
Overhead allocated to Product X | 77616 |
X Company has two production departments, A and B. The following is budgeted information for all...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: All Products Product X $1,900,000 60,000 874 120,000 1,090 58,000 630 Department A Overhead Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced 223 $1,900,000 60,000 140,000 42,000 890 630 Using a single-driver allocation system, with machine hours as the driver, how...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Department A All Products Product X Overhead $4,900,000 -- Direct labor hours 40,000 718 Machine hours 100,000 1,070 Units produced 55,000 900 Department B Overhead $1,900,000 -- Direct labor hours 50,000 106 Machine hours 120,000 880 Units produced 33,000 900 Using a single-driver allocation system, with direct labor hours as...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Product x -- All Products $1,900,000 60,000 100,000 55,000 729 1,030 800 Department A Overhead Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced $2,200,000 40,000 120,000 43,000 239 870 800 Using a single-driver allocation system, with direct labor hours as the...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Product X All Products $6,900,000 60,000 120,000 57,000 829 1,080 580 Department A Overhead Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced 148 $2,000,000 40,000 140,000 40,000 810 580 Using a single-driver allocation system, with direct labor hours as the driver,...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Department A All Products Product X Overhead $5,800,000 -- Direct labor hours 50,000 825 Machine hours 100,000 1,070 Units produced 59,000 810 Department B Overhead $1,900,000 -- Direct labor hours 40,000 159 Machine hours 120,000 820 Units produced 44,000 810 Using a single-driver allocation system, with machine hours as the...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Product X All Products $6,900,000 60,000 100,000 58,000 724 1,000 770 Department A Overhead Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced $2,000,000 60,000 130,000 42,000 286 800 770 Using a single-driver allocation system, with machine hours as the driver, how...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Department A Product X Overhead -- Direct labor hours All Products $7,300,000 40,000 120,000 50,000 711 1,030 760 Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced 223 $1,800,000 50,000 130,000 45,000 890 760 Using a single-driver allocation system, with direct labor hours as the...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Department A All Products Product X Overhead $6,900,000 Direct labor hours 60,000 724 Machine hours 100,000 1,000 Units produced 58,000 770 Department B Overhead $2,000,000 Direct labor hours 60,000 286 Machine hours 130,000 800 Units produced 42,000 770 Using a single-driver allocation system, with machine hours as the driver, how...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Product X All Products $6,900,000 60,000 120,000 57,000 829 1,080 580 Department A Overhead Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced 148 $2,000,000 40,000 140,000 40,000 810 580 Using a single-driver allocation system, with direct labor hours as the driver,...
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Department A All Products Product X Overhead $3,900,000 -- Direct labor hours 60,000 868 Machine hours 120,000 1,020 Units produced 60,000 640 Department B Overhead $2,100,000 -- Direct labor hours 50,000 281 Machine hours 120,000 850 Units produced 30,000 640 Using a single-driver allocation system, with direct labor hours as...