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Option B $10 per direct labor hour is the correct answer.
QUESTION 19 ABC has two departments, Machining and Assembly. The following estimates are for the coming...
QUESTION 19 ABC has two departments, Machining and Assembly. The following estimates are for the coming year: Machining Assembly Direct manufacturing labor-hours 10,000 50,000 Machine-hours 40,000 20,000 Manufacturing overhead $200,000 $400,000 A single indirect-cost rate based on direct manufacturing labor-hours for the entire plant is: $ 8 per direct labor-hour $10 per direct labor-hour $20 per direct labor-hour None of these answers is correct.
Sky High Company has two departments X and Y. The following estimates are for the coming year: X Y Direct manufacturing labor-hours 20,000 40.000 Machine-hours 40,000 20,000 Manufacturing overhead $200,000 $400,000 A single indirect cost rate based on direct manufacturing labor-hours for the entire plant is ? $12 per direct labor hour $15 per direct labor-hour $21 per direct labor-hour $10 per direct labor hour None of the above
OOPOO) Rhett Company has two departments, Machining and Assembly. The following estimates are for the coming year: Machining Assembly Direct manufacturing labor-hours 20.000 40.000 Machine-hours 80,000 20,000 Manufacturing overhead $400,000 $800,000 The machining department uses machine hours to allocate overhead while the assembly department uses direct labor hours. EROTAVIMO The actual data for Job # 1 is as follows: Direct manufacturing labor-hours Machine-hours Direct Materials Cost Direct Labor Cost Machining 50 10 $5,000 $2,500 Assembly balston 50 o el to...
Sky High Company has two departments, X and Y. The following estimates are for the coming year: 20,000 Direct manufacturing labor-hours Machine-hours Manufacturing overhead A single indirect-cost rate based on direct manufacturing labor-hours for the entire plant is 30,000 0.000 20,000 $300,000 $330,000 A. $27.50 per direct labor-hour dB. $12.60 per direct labor-hour C. $16.50 per direct labor-hour D. $25.00 per direct labor-hour
please show work on excel spreadsheet with calculations Problem 3: Job Costing - Two Departments (20 points) Rhett Company has two departments, Machining and Assembly. The following estimates are for the coming year. Machining Assembly Direct manufacturing labor-hours 10,000 50,000 Machine-hours 40,000 10,000 Manufacturing overhead $400,000 $800,000 The machining department uses direct labor hours to allocate overhead while the assembly department uses machine hours. The actual data for Job # 1 is as follows: Machining 50 Assembly 20 Direct manufacturing...
5. Sky High Company has two departments, X and Y. The following estimates are for the coming year: X Y Direct manufacturing labor-hours 20,000 30,000 Machine-hours 30,000 20,000 Manufacturing overhead $300,000 $330,000 The budgeted indirect-cost driver rate for Y based on the number of machine-hours is in excess of X by ________. (Round interim and the final answer to the nearest cent.) A) $6.50 per machine-hour B) $21.50 per machine-hour C) $1.50 per machine-hour D) $16.50 per machine-hour
Mason Company has two manufacturing departments—Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B:Estimated DataMachiningAssemblyTotalManufacturing overhead$16,038,000$729,000$16,767,000Direct labor hours27,000594,000621,000Machine hours594,00022,000616,000Job AMachiningAssemblyTotalDirect labor hours51015Machine hours11213Job BMachiningAssemblyTotalDirect labor hours459Machine hours12315Required:1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would...
Mason Company has two manufacturing departments—Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Machining Assembly Total Manufacturing overhead $ 2,250,000 $ 225,000 $ 2,475,000 Direct labor-hours 15,000 150,000 165,000 Machine-hours 150,000 10,000 160,000 Job A Machining Assembly Total Direct labor-hours 5 10 15 Machine-hours 11 2...
The managers of Yoyodyne Propulsion Systems are discussing ways to allocate the cost of support departments such as Quality Control and Maintenance to the Machining and Assembly production departments. To aid them in this discussion, the controller has provided the following information: Quality Control Maintenance Machining Assembly Total Budgeted overhead costs before allocation $350,000 $200,000 $400,000 $300,000 $1,250,000 50,000 50,000 Budgeted Machine-hours Budgeted Direct manufacturing labor- hours 25,000 25,000 Budgeted units of service - Quality Control 7,000 7,000 21,000 18,000...
Mason Company has two manufacturing departments—Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as...