Question

anment CALCULATOR FULL SCREEN BACK MESSAGE HY INSTRUCTOR PRINTER VERSION 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 $1,462,500 100,000 400,000 $1,625,000 $1,250,000 125,000 500,000 $720,000 $450,000 40,000 120,000 dy During January, the job cost sheets showed the following costs and production data. Department 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 $78,000 $37,500 $79,000 3,500 10,430 wie 10 Inc

Answer 1

solution's b) Total Manufacturing costs: Department D = $356,000 Department E =$379,000 Department k=8178,880 Esaplanation . р Direct Materials Direct Labor. . overhead Applied Бер. У $140,000 $120.000 $ 2,000 $356,000 Бер. Е $126,000 $110.000 $143.000 - $379,000 ее - 12 $78,000 $37,500 $62, 50 $178,080

Notes Doverhead Applied Dep. D = Direct labor costs y predetermined overhead = $1201000 48001. => 596,00011 . Dep. E = Direct Labor Hoursy predetermined overhead = 11,000 hourst & 13 per hour ... - $4367060 $143,000 Dep.k. Direct Machine Hoursy predetermined overhead = 101430 Hoursy $6 per machine Hour = $62,580 2) predetermined overhead rates for Department's DIE SK are taken from the above solved sub part (a). :

Hit the LIKE Button.