Job job job job
213 214 217 225
Total Sales Revenue 1200
Price per Unit 12.5
Materials used in the production 753
Department 1, Direct Labour Cost 300
Department 1, Machine hours
Department 2, Direct labour Cost 100
Department 2, Machine hours 20
Department 1, overhead allocated 420
Department 2, overhead allocated 200
total manufacturing cost 5948
number of units 100 230
Unit cost 8.78 2.50
Consider the following independent jobs. Overhead is allocated in Department 1 at the rate of $6...
Quality Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: Finishing Department: $11 per machine hour $19 per direct labor hour Job 575 used the following direct labor hours and machine hours in the two manufacturing departments: (Click the icon to view the resources used for Job 575.) 1. How much manufacturing overhead should be allocated to Job...
Westbrook Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: (Click the icon to view the overhead rates.) Job 575 used the following direct labor hours and machine hours in the two manufacturing departments: (Click the icon to view the resources used for Job 575.) Read the requirements. 1. How much manufacturing overhead should be allocated to Job 575? The...
departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: $ 8$8 per machine hour Finishing Department: $ 12$12 per direct labor hour Job 112112 used the following direct labor hours and machine hours in the two manufacturing departments: LOADING... (Click the icon to view the resources used for Job 112.) Cutting Finishing JOB 112 Department Department Direct Labor Hours. ....
Activity-Based Costing, Lean Operations, and the Cost of Quality Use department overhead rates to allocate manufacturing overhead Offbraugh Furniture uses department overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: Finishing Department: 12 per machine hour 17 per direct labour hour Assume for Job 392 that direct labour is paid at a rate of $25 per hour and the job used...
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 $ 390,000 $ 410,000 $ 4.00 - - $ 3.75 Required: 1. Compute the predetermined overhead rate for...
Joe's Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates Cutting Department $11 per machine hour Finishing Department $16 per direct labor hour Job 553 used the following direct labor hours and machine hours in the two manufacturing departments (Click the icon to view the resources used for Job 553) 1. How much manufacturing overhead should be allocated to Job...
The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor-hours. At the beginning of the year, the company provided the following estimates: Department Molding Painting Direct labor-hours 31,500 59,000 Machine-hours 88,000 30,000 Fixed manufacturing overhead cost $ 281,600 $ 566,400 Variable manufacturing overhead per machine-hour $ 2.40 - Variable manufacturing overhead per direct labor-hour - $ 4.40 Job 205 was started on August 1 and completed...
Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $35 per machine hour, while the Sanding Department uses a departmental overhead rate of $25 per direct labor hour, Job 003 used the following direct labor hours and machine hours in the two departments Assembly Sanding Actual results Department Department Direct labor hours used Machine hours used The cost for...
QUESTION 1 ABC Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two department: Assembly, and Sanding. The Assembly department uses a departmental overhead rate of $35 per machine hour. The Sanding department uses a departmental overhead rate of $20 per direct labor hour. Job 603 used the following Direct Labor Hours, and Machine Hours in the two departments: Actual Results Assembly Department Sanding Department Direct Labor Hours Used 8 5 Machine Hours Used...
1. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: A B с 1 Chapter 2: Applying Excel 2 3 Cost summary for Job 408 4 5 Department Milling Assembly 50 2 8 20 820 $ 270 144 $ 320 Machine-hours Direct labor-hours Direct materials cost Direct labor cost...