Bob’s Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted allocation bases of 8,200 machine hours in Department 1 and 5,660 direct manufacturing labour hours in Department 2. The budgeted manufacturing overheads for the month were $32,000 and $27,500, respectively. For Job 101, the actual costs incurred in the two departments were as follows:
Department 1 |
Department 2 |
|
Direct materials purchased on account |
$66,000 |
$106,500 |
Direct materials used |
12,500 |
9,100 |
Direct manufacturing labour |
32,500 |
32,200 |
Indirect manufacturing labour |
6,600 |
5,400 |
Indirect materials used |
4,500 |
2,850 |
Lease on equipment |
9,750 |
2,250 |
Utilities |
600 |
750 |
Job 101 incurred 1,100 machine hours in Department 1 and 400 manufacturing labour hours in Department 2. The company uses a budgeted departmental overhead rate for applying overhead to production.
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Bob’s Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted...
Bob’s Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted allocation bases of 8,600 machine hours in Department 1 and 5,970 direct manufacturing labour hours in Department 2. The budgeted manufacturing overheads for the month were $32,000 and $27,500, respectively. For Job 101, the actual costs incurred in the two departments were as follows: Department 1 Department 2 Direct materials purchased on account $66,000 $106,500 Direct materials used 12,500 9,100 Direct manufacturing labour 32,500...
Bob's Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted allocation bases of 8,400 machine hours in Department 1 and 5,860 direct manufacturing labour hours in Department 2. The budgeted manufacturing overheads for the month were $32,000 and $27,500, respectively. For Job 101, the actual costs incurred in the two departments were as follows: Department 2 $106,500 9,100 Department 1 Direct materials purchased on account $66,000 Direct materials used 12,500 Direct manufacturing labour 32,500...
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