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Computation of Predetermined O/H Rate | ||
Variable Manuf. OH Rate + Fixed Manuf OH Rate | ||
Machining | Cutomizing | |
Variable Manuf. OH Rate | 2.5 | 5 |
Fixed Manuf. OH Rate | ||
Fixed Manuf. OH | 141000 | 47000 |
Cost Driver | Machine Hours | Labor Hours |
Hours | 30000 | 10000 |
Fixe Manof. OH Rate | OH / Machine Hours | OH / Labor Hours |
Fixe Manof. OH Rate | 4.7 | 4.7 |
Total Manuf. OH Rate | 7.2 | 9.7 |
Computation of factory overhead applied to Job K369 | |||
Machining | Cutomizing | Total | |
Machine Hours | 50 | ||
Direct Labor Hours | 50 | ||
Total Manuf. OH Rate | 7.2 | 9.7 | |
Applied OH | 360 | 485 | 845 |
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing Machine-hours 12,000 17,000 Direct labor-hours 4,000 5,000 Total fixed manufacturing overhead cost $ 58, 800 $...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a Job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing Machine-hours 12,000 19,000 Direct labor-hours 2000 5000 Total fixed manufacturing overhead cost $ 50,400 $ 83,600...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine- hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Machining Customizing 12,000 19,000 2000 5000 50,400 $ 83,600 $ 3.00 $ 6.00 Total...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: 5 Machining Custonizing 16,000 4,000 $76,800 29,000 4,000 $118,900 1.50 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost...
Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department’s predetermined overhead rate is based on machine-hours and the Customizing Department’s predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing Machine-hours 23,000 18,000 Direct labor-hours 1,000 10,000 Total fixed manufacturing overhead cost $ 105,800 $ 72,000...