Question

WileyPLUS! PLYWHEYPLUS LUHLALLUS LUYOL Weygandt, Managerial Accounting, 8e MANAGERIAL ACCOUNTING (ACCT 2120 CALCULATOR MESSAGE MY INSTRUCTOR STANDARD VIEW PRINTER VERSION BACK NEXT Problem 2-4A (Video) (Part Level Submission) Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,170,000 $1,462,500 100,000 $1,625,000 $1,250,000 125,000 500,000 $720,000 $450,000 40,000 120,000 During January, the job cost sheets showed the following costs and production data. Department D Direct materials used Direct labor costs Manufacturing overhead incurred Direct labor hours Machine hours $140,000 $120,000 $99,000 8,000 34,000 $126,000 $110,000 $124,000 11,000 45,000 к $78,000 $37,500 $79,000 3,500 10,430 (a) Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, e.g. 12.50 or 12.50%.) Overhead rate Department D Department Es per direct labor hour Department K per machine hour Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER % Earn Maximum Points available only if you answer this question correctly in your first attempt. (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above.

Answer 1

fredelemined overhead late Estimated Depaətment - Manufacturing x 100 ouehead Duect labour cost $ 2130 000 x 1-0-0-- $14625224 80%. Department . Estimated Manufacturing Overhead Estimated D2 hours $ 1.625000 - 125000 $13 per D2 hour Depatment K - na Eskmaked manufachising overhead Essmated DL houx $ 7200006 120000 per machine И Фшт