V Company use multiple department rates to apply manufacturing overhead. The shoe department applies overhead using...
V Company use multiple department rates to apply manufacturing overhead. The shoe department applies overhead using predetermined overhead rate based on direct labor hours of 4.25. The boot department applies overhead using a predetermined overhead rate based on machine hours of 5.75. For job 990 the shoe department had 500 direct labor hours and 200 machine hours. Also for job 990, the boot department had 100 direct labor hours and 400 machine hours. Total direct materials used for job 990 was 1500. How much total manufacturing overhead was applied to job 990? And what were the total manufacturing costs for job 990
Homework Answers
Answer:
Manufacturing Overhead applied to Shoe Department = $4.25 *
500
Manufacturing Overhead applied to Shoe Department =
$2,125
Manufacturing Overhead applied to Boot Department = $5.75 *
400
Manufacturing Overhead applied to Boot Department =
$2,300
Total Manufacturing Overhead applied to Job 990 = $2,125 +
$2,300
Total Manufacturing Overhead applied to Job 990 =
$4,425
Total Manufacturing Cost = Direct Materials + Direct Labor +
Manufacturing Overhead
Total Manufacturing Cost for Job 990 = $1,500 + $0 + $4,425
Total Manufacturing Cost for Job 990 = $5,925
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