Job 105M-T had direct material costs of $4,060 and a total manufacturing cost of $21,520. Manufacturing overhead is applied at the rate of 76% of the prime cost. How much manufacturing overhead was applied?
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Job 105M-T had direct material costs of $4,060 and a total manufacturing cost of $21,520. Manufacturing overhead is applied at the rate of 76% of the prime cost. How much manufacturing overhead was applied?
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Job 105M-T had direct material costs of $4,060 and a total manufacturing cost of $21,520. Manufacturing overhead is applied at the rate of 76% of the prime cost. How much manufacturing overhead was applied?
2. How much manufacturing overhead was applied to Job P and how much was applied to Job...
2. How much
manufacturing overhead was applied to Job P and how much was
applied to Job Q?
Required information (The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments --Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P and Job Q. The following additional information is available for the company as a whole and...
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Job 31 has a direct materials cost of $230 and a total manufacturing cost of $620. Overhead is applied to jobs at a rate of 200 percent of direct labor cost. Use the relationships among total manufacturing costs, conversion cost, and prime cost to determine the following costs for job 31: 1. Conversion Cost= 2. Direct Labor Cost= 3. Manufacturing Overhead Cost= 4. Prime Cost=
GIVEN THE FOLLOWING FOR A COMPLETED JOB TOTAL PRIME COSTS TOTAL CONVERSION COSTS OVERHEAD IS 200%...
GIVEN THE FOLLOWING FOR A COMPLETED JOB TOTAL PRIME COSTS TOTAL CONVERSION COSTS OVERHEAD IS 200% OF DIRECT LABOR $40,000 $30,000 COMPUTE DIRECT MATERIAL COST DIRECT LABOR COST OVERHEAD COST TOTAL MANUFACTURING COSTS #2 GIVEN THE FOLLOWING DIRCT MATERIAL= $400,000 DIRECT LABOR = $200,000 OVERHEAD =$100,000 TOTAL MANUFACTURING COST ASSUME ALL WIP WAS COMPLETED AND TRANSFERRED TO FINISHED GOODS MAKE THE ENTRY COST OF GOODS MANUFACTURED ASSUME ALL FINISHED GOODS WERE SOLD MAKE THE ENTRY FOR COST OF GOODS SOLD
10. How much manufacturing overhead was applied from the Molding Department to Job P and how...
10. How much manufacturing overhead was applied from the Molding
Department to Job P and how much was applied to Job Q? (Do
not round intermediate calculations.)
11. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
12. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations.)
13. If Job Q included 30 units, what...
10. How much manufacturing overhead was applied from the Molding Department to Job P and how...
10. How much manufacturing overhead was applied from the Molding
Department to Job P and how much was applied to Job Q? (Do
not round intermediate calculations.)
11. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
12. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations.)
13. If Job Q included 30 units, what...
1. What was the company’s plantwide predetermined overhead rate? 1a. How much manufacturing overhead was applied...
1. What was the company’s plantwide predetermined overhead
rate?
1a. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
b. What was the total manufacturing cost assigned to Job P?
(Do not round intermediate calculations.)
2a. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations. Round your final
answer to nearest whole dollar.)
2b. What was the total manufacturing...
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When using normal costing, the total production cost of a job is composed of: direct material and direct labor. direct material, direct labor, manufacturing overhead, and outlays for selling costs. direct material, direct labor, manufacturing overhead, and outlays for both selling and administrative costs. direct material, direct labor, and applied manufacturing overhead. direct material, direct labor, and actual manufacturing overhead.
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Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a rate of 150 percent of direct labor cost. Required Treating each case independently, selected from the manufacturing data given below, Ind the missing amounts. You should do them in the order Isted. (Hint: For the Manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead) (Do not round your intermediate...
Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a...
Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a rate of 150 percent of direct labor cost. Required: Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round...
2. How much
manufacturing overhead was applied to Job P and how much was
applied to Job Q?
Required information (The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments --Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P and Job Q. The following additional information is available for the company as a whole and...
GIVEN THE FOLLOWING FOR A COMPLETED JOB TOTAL PRIME COSTS TOTAL CONVERSION COSTS OVERHEAD IS 200% OF DIRECT LABOR $40,000 $30,000 COMPUTE DIRECT MATERIAL COST DIRECT LABOR COST OVERHEAD COST TOTAL MANUFACTURING COSTS #2 GIVEN THE FOLLOWING DIRCT MATERIAL= $400,000 DIRECT LABOR = $200,000 OVERHEAD =$100,000 TOTAL MANUFACTURING COST ASSUME ALL WIP WAS COMPLETED AND TRANSFERRED TO FINISHED GOODS MAKE THE ENTRY COST OF GOODS MANUFACTURED ASSUME ALL FINISHED GOODS WERE SOLD MAKE THE ENTRY FOR COST OF GOODS SOLD
10. How much manufacturing overhead was applied from the Molding
Department to Job P and how much was applied to Job Q? (Do
not round intermediate calculations.)
11. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
12. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations.)
13. If Job Q included 30 units, what...
10. How much manufacturing overhead was applied from the Molding
Department to Job P and how much was applied to Job Q? (Do
not round intermediate calculations.)
11. How much manufacturing overhead was applied from the
Fabrication Department to Job P and how much was applied to Job Q?
(Do not round intermediate calculations.)
12. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations.)
13. If Job Q included 30 units, what...
1. What was the company’s plantwide predetermined overhead
rate?
1a. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q? (Do not round intermediate
calculations.)
b. What was the total manufacturing cost assigned to Job P?
(Do not round intermediate calculations.)
2a. If Job P included 20 units, what was its unit product cost?
(Do not round intermediate calculations. Round your final
answer to nearest whole dollar.)
2b. What was the total manufacturing...
Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a rate of 150 percent of direct labor cost. Required: Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round...
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