I only need requirement 5 answered please!
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 |
I only need requirement 5 answered please! The Maclin Company uses a job-costing system at its...
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The Granger Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Granger uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows: (Click the icon to view the 2017...
JJ The Fasano Company uses a job-costing system at its over Delaware plant The plant has a machining department and a finishing department Fanano se nommal costing with two direct-cost categories direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the location base) The 2017 budget for the plants as follows Click the icon to view the 2017...
answers to questions 1-6 4-31 Job costing, accounting for manufacturing overhead, budgeted rates. The Fasano Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Fasano uses normal costing with two direct-cost categories (direct materials and direct manu- facturing labor) and two manufacturing overhead cost pools (the machining department with machine- hours as the allocation base, and the finishing department with direct manufacturing labor costs as the allocation base). The...
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The Lowell Company uses a normal job-costing system at its Minneapolis plant. The plant has a machining department and an assembly department. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department overhead, allocated to jobs based on actual machine-hours, and the assembly department overhead, allocated to jobs based on actual direct manufacturing labor costs). The 2017 budget for the plant is as follows: E (Click the icon...
The Luke Company uses a normal job-costing systern at its Minneapolis plant. The plant has a machining department and an asserbly department. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department overhead, allocated to jobs based on actual machine-hours, and the assembly department overhead, allocated to jobs based on actual direct manufacturing labor costs). The 2017 budget for the plant is as follows: (Click the icon to...
The Toy Compay uses a job-costing system at its Chicago plant. The plant has a machining department and a finishing department. Toy uses normal costing with two direct-cost categories (direct materials and direct manufacturijng labor) and two manufacturing overhead cost pools (the machining department with direct material costs as the alloation base and finishing department with direct costs as the allocation base.) The 2020 budget for the plant is as follows: Machining department Finisghing department Manufacturing overhead cost $ 9,000,000...
The Toy Compay uses a job-costing system at its Chicago plant. The plant has a machining department and a finishing department. Toy uses normal costing with two direct-cost categories (direct materials and direct manufacturijng labor) and two manufacturing overhead cost pools (the machining department with direct material costs as the alloation base and finishing department with direct costs as the allocation base.) The 2020 budget for the plant is as follows: Cell referencing answers is required. Machining department Finisghing department...
i Requirements The Luke Company uses a normal job-costing system at its Minneapolis plant. The plant has a machining depan labor) and two manufacturing overhead cost pools (the machining department overhead, allocated to jobs based costs). The 2017 budget for the plant is as follows: (Click the icon to view the budget data. Read the requirements, 1 J } J Direct Costs K Direct Materials L L Direct Manufacturing Labor 1. Identify the components of the overview diagram of Luke's...