Question

The Maclin Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishMachining Department $ 10,000,000 $ 970,000 Finishing Department $ 8,405,000 $ 4,100,000 Manufacturing overhead costs DirectRequirement 2. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? DetRequirement 3. During the month of January, the job-cost record for Job 431 shows the following: B (Click the icon to view thFinishing Department Machining Department $ 12,000 $ 3,000 $ 500 $ 1,400 Direct materials used Direct manufacturing labor cosRequirement 4. Assuming that Job 431 consisted of 300 units of product, what is the cost per unit? Calculate the cost per uniRequirement 5. Amounts at the end of 2017 are as follows: Click the icon to view the amounts at the end of 2017.) Compute theMachining Department $ 11,400,000 Manufacturing overhead incurred Finishing Department $ 8,820,000 $ 4,400,000 31,000 DirectManufacturing overhead incurred Machining Department 11,400,000 11,500,000 Finishing Department 8,820,000 9,020,000 Manufactu

I only need requirement 5 answered please!

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Answer #1

Calculate following

Machining Department Finishing Department
Manufacturing overhead incurred 11400000 8820000
Manufacturing overhead allocated 11500000 4400000*2.05 = 9020000
Department under allocated (over allocated) -100000 -200000
Total underallocated (overallocated) -300000
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