Oriole Church Furniture manufactures custom pews, altars, and pulpits for churches across the southern United States....
Oriole Church Furniture manufactures custom pews, altars, and
pulpits for churches across the southern United States. Since each
order is unique, Oriole uses a job order costing system. During the
month of June, Oriole worked on orders for three churches: Faith
Church, Grace Church, and Hope Church. Production on the Faith and
Grace orders began in May and ended in June. Production on the Hope
order began in June and was incomplete at the end of the month.
Oriole applies overhead to each job based on machine hours. Prior
to the year, managers had estimated manufacturing overhead at
$740,000, along with 37,000 machine hours. Additional cost
information related to the three orders is as follows:
| Faith | Grace | Hope | |||||
| Beginning balance, June 1 | $2,600 | $2,900 | — | ||||
| Direct materials, June | $4,200 | $8,000 | $2,600 | ||||
| Direct labor, June | $4,700 | $3,500 | $1,500 | ||||
| Manufacturing OH, June | ? | ? | ? | ||||
| Machine hours, June | 4,900 | 4,700 | 2,300 |
What is Oriole's predetermined overhead rate?
Homework Answers
Predetermined Overhead rate
= Estimated overhead/Estimated machine hours
= 740,000/37,000
= 20 per machine hour
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Oriole Church Furniture manufactures custom pews, altars, and
pulpits for churches across the southern United States....
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specifications. The company uses a job-order costing system and
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the beginning of the year, the company used a cost formula to
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cost at an activity level of 556,000 machine-hours. The company
spent the entire month of January working on a large order for
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