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what is the manufacturing costs and manufacturing overhead
Eignment CALCULATOR FULL SCREEN 4 BACK NEXT Problem 15-04A Agassi Company uses a job order cost system in each of its three m
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Answer #1
Manufacturing Overhead - January Month
Department D
=70% * direct labor cost
=$120000*70%
$                                                    84,000
Department E
= Direct labor hours * $12 per hour
=11000*12
$                                                 1,32,000
Department K
= Direct labor hours * $8.50 per hour
=9000*$8.50
$                                                    76,500
Total manufacturing costs on January Month
Department D Department E Department K
Direct Material $         1,40,000 $        1,26,000 $            78,000
Direct Labor $         1,20,000 $        1,10,000 $            37,500
Manufacturing overhead Assigned $            84,000 $        1,32,000 $            76,500
Total Manufacturing cost assigned $         3,44,000 $        3,68,000 $        1,92,000
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