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1.Consider a single job at Company B: Direct Materials costs were : 7,882 Direct labor was...

1.Consider a single job at Company B:

Direct Materials costs were : 7,882

Direct labor was 64 hours at a rate of $16/HR

MOH is allocated to jobs based on labor hours

Budgeted MOH cost is 23,428

Budgeted dl labor hours is 4,622

actual MOH was 28,730

actual direct labor hours was 5,422

If actual costing is used, what is the actual overhead rate?

2.

Consider a single job at Company B:

Direct Materials costs were : 6,845

Direct labor was 60 hours at a rate of $16/HR

MOH is allocated to jobs based on labor hours

Budgeted MOH cost is 24,010

Budgeted dl labor hours is 4,519

actual MOH was 25,786

actual direct labor hours was 5,504

If actual costing is used, how much overhead is allocated to the job?

3.

Consider a single job at Company B:

Direct Materials costs were : 6,300

Direct labor was 73 hours at a rate of $16/HR

MOH is allocted to jobs based on labor hours

Budgeted MOH cost is 23,435

Budgeted dl labor hours is 4,371

Actual MOH was 26,578

Actual direct labor hours was 5,131

Iif actual costing is used, what is the cost of the total job?

4.

Consider a single job at Company B:

Direct Materials costs were : 7,194

Direct labor was 68 hours at a rate of $16/HR

MOH is allocated to jobs based on labor hours

Budgeted MOH cost is 25,192

Budgeted dl labor hours is 4,920

actual MOH was 26,996

actual direct labor hours was 4,852

If normal costing is used, what is the predetermined overhead rate?

5.

Consider a single job at Company B:

Direct Materials costs were : 6,588

Direct labor was 74 hours at a rate of $16/HR

MOH is allocted to jobs based on labor hours

Budgeted MOH cost is 22,401

Budgeted dl labor hours is 4,720

Actual MOH was 32,355

Actual direct labor hours was 4,886

If normal costing is used, how much overhead is allocated to the job?

6.

Consider a single job at Company B:

Direct Materials costs were : 7,593

Direct labor was 73 hours at a rate of $16/HR

MOH is allocted to jobs based on labor hours

Budgeted MOH cost is 25,658

Budgeted dl labor hours is 4,852

Actual MOH was 33,708

Actual direct labor hours was 5,092

If normal costing is used, what is the cost of the total job?

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Answer 1 actual MOH actual direct labor hours actual overhead rate 28,730 5,422 5.30 per labor hour Answer 2 Budgeted MOH cost Budgeted dl labor hours Predetermined OH rate 24,010 4,519 5.31 actual direct labor hours 5,504 29,243 overhead allocated to the iob $ Ax B Answer 3 Direct Materials costs Direct labor 6,300 1,168 Budgeted MOH cost Budgeted dl labor hours Predetermined OH rate 23,435 4,371 5.36 actual direct labor hours 5,131 overhead allocated to the iob $ 27,510 Direct Materials costs Direct labor overhead allocated to the iob cost of the total job 6,300 1,168 $ 27,510 34,978

Answe 4 Budgeted MOH cost Budgeted dl labor hours Predetermined OH rate 25,192 4,920 5.12 Answer 5 Budgeted MOH cost Budgeted dl labor hours Predetermined OH rate 22,401 4,720 4.75 actual direct labor hours 4,886 overhead allocated to the iob $23,189 Ax B Answer 6 Direct Materials costs Direct labor 7,593 1,168 Budgeted MOH cost Budgeted dl labor hours Predetermined OH rate 25,658 4,852 5.29 actual direct labor hours 5,092 $ 26,927 overhead allocated to the iob Direct Materials costs Direct labor overhead allocated to the iob cost of the total job 7,593 1,168 $ 26,927 35,688

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