1.) | Predetermined Overhead -Assembly | 12.00 | Per Direct labor Hour |
Manufacturing overhead applied to Job Z from Assembly | $ 120 | =12*10 | |
2.) | Manufacturing overhead applied to Job X | $ 350 | =250*140% |
3.) | Predetermined Overhead rate | $ 8 | =1+(14000/2000) |
4.) | Amount $ | ||
Direct materials | 500 | ||
Direct labor | 360 | ||
Applied Overhead ( 13 x 18 ) | 234 | ||
Total Manufacturing Cost | 1,094 | ||
Unit product cost is closest to | $ 21.04 | =1094/52 | |
or | $ 21 |
Assume a company has two manufacturing departments - Assembly and Fabrication. The company considers all of...
Assume a company has two manufacturing departments - Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The first set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data below is actual data for the company as a whole that was derived at the end of the year. The third set of data relates to one...
Wilmington Company has two manufacturing departments - Assembly and Fabrication It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year-Job Bravo. Estimated Data Assembly Fabrication abrication Total Manufacturing overhead costs $6,720,000 $7,280,000 $14,000,000 Direct labor-hours 140,000 84.000 224,000 Machine-hours 56,080 280,000 336,000 Job Bravo Direct...
Redhawk Company has two manufacturing departments–Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The first set of data shown below is based on estimates that were made at the beginning of the year for the expected total output The second set of data relates to one particular job completed during the year -Job A200. Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Job A200 Direct materials Direct labor Direct labor-hours Machine-hours Assembly...
Wilmington Company has two manufacturing departments --Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo. Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Assembly $ 3,960,000 110,000 44,000 Fabrication $4,400,000 66,000 220,000 Total $ 8,360,000 176,000 264,000 Assembly Fabrication Job...
Wilmington Company has two manufacturing departments --Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Assembly $ 3,960,000 110,eee 44,000 Fabrication Total $4,400,eee 58,360, eee 66,eee 176, eee 220, eee 264, Bee...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo. $ Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Assembly $ 600,000 50,000 20,000 Fabrication $ 800,000 30,000 100,000 Total 1,400,000 80,000 120,000 Assembly Fabrication Total...
Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year-Job Bravo. Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Assembly $ 3,570,000 105,000 42,000 Fabrication $3,990,000 63,000 210,000 total $ 7,560,000 168,000 252,000 Assembly Fabrication Total Job...
Wilbur Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo. Estimated Data Assembly Fabrication Total Manufacturing overhead costs $ 960,000 $ 1,200,000 $ 2,160,000 Direct labor-hours 60,000 36,000 96,000 Machine-hours 24,000 120,000 144,000 Job Bravo Assembly...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo. Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Assembly $3,570,000 105,000 42,000 Fabrication $3,990,000 63.000 Total $ 7,560,000 168.000 252,000 Job Bravo Direct labor-hours Machine-hours chours...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo. Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours Assembly $ 2,210,000 85,000 34,000 Fabrication $ 2,550,000 51,000 170,000 Total $4,760,000 136,000 204,000 Job Bravo Direct labor-hours...