1) | Particulars | Cutting | Finishing | ||
Total Fixed Manu. OH cost | $ 380,000.00 | $ 465,000.00 | |||
Machine Hours | 50000 | ||||
Direct Labor Hours | 83000 | ||||
Fixed Manu. OH rate per hour | $ 7.60 | $ 5.60 | |||
Variable Manu. OH rate per hour | $ 3.00 | $ 4.75 | |||
Predetermined OH rate | $ 10.60 | $ 10.35 |
2) | Job Cost Sheet - Job 203 | ||||||
Particulars | Cutting | Workings | Finishing | Total | |||
Direct Materials | $ 720.00 | $ 360.00 | $ 1,080.00 | ||||
Direct Labor cost | $ 66.00 | $ 418.00 | $ 484.00 | ||||
OH | $ 869.20 | (82 x $ 10.60) | $ 196.70 | (19 x $ 10.35) | $ 1,065.90 | ||
Total Manu. Cost | $ 2,630 |
3) | Yes |
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: eBook Direct labor-hours Machine-hours Total fixed namatacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 6, 700...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing Direct labor-hours 64,000 Machine-hours 65,000 1,300 Total fixed manufacturing overhead cost $360,000 $488,600 Variable manufacturing overhead per machine-hour 4.00 Variable manufacturing overhead per...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and compresa predetermined overhead rate in each department. The Cutting Department bases its rate on machine hours, and the Finishing Department bases its rate on direct labor hours. At the beginning of the year, the company made the following estimates: Cutting in 55,800 3. Total Fin est rechead coat Variable tacturing overhead per machine Required: 1. Compute the predetermined overhand rate for each department 2....
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 8,300 65,000 50,200 2,600...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine hours Total fixed manufacturing overhead cost Variable manufacturing overhead per nachine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 7,400 82,000 63,100...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 6,888 30,000 48,000 5,...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 6,000 30,000 48,000 5,000...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 8,000 71,000 69,000 2,500...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 8,300 72,000 66,200 3,900...
White Company has two departments, Cutting and Finishing. The company uses a job- order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing 8.4 0 0 70,000 5 5.900 1,500 $ 390,000 $ 4 4 2,000 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable...