Answer:
Required 1:
Cutting | Working | Finishing | Working | |
Total Manufacturing Overhead cost (a) | 529,300 | =370,000 + (3 * 53,100) | 842,750 | =599,000 (3.75 * 65,000) |
Overhead allocation base (b) | 53,100 | 65,000 | ||
Predetermined Overhead rate (a) ÷ (b) | 9.96 | per MH | 12.96 | per DLH |
Required 2:
Cutting | Working | Finishing | Working | |
Materials requisitioned | $720 | $370 | ||
Direct labor cost | $95 | $228 | ||
Manufacturing Overhead | $836.64 | = 84 * 9.96 | $155.52 | = 12 * 12.96 |
Manufacturing cost | $1,651.64 | $753.5 |
Total Manufacturing cost assigned to job 203 = $1,651.64 + $753.5 = $2405.14
Required 3:
Yes, if plantwide overhead rate would be used allocation of overhead would be changed, since in present case only respective hours in particular department is used, and for plantwide rate per direct labor hour would be used that will be lower than present case.
Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead...
Please help 1-3 I leave Thumbs up for all correct answers ! White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable...
predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing 6, 800 65.000 3, 100 380,000 $ 576,000 $ 2.00 - $ 2.75 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 54,500 Required: 1. Compute the predetermined overhead rate for...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and compresa predetermined overhead rate in each department. The Cutting Department bases its rate on machine hours, and the Finishing Department bases its rate on direct labor hours. At the beginning of the year, the company made the following estimates: Cutting in 55,800 3. Total Fin est rechead coat Variable tacturing overhead per machine Required: 1. Compute the predetermined overhand rate for each department 2....
this queistion but also what is the the total manufacturing cost and how do you calulate that. thank you. 1 White Company has two departments, Cutting and Finishing The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates 1 points Sped Direct labor-hours...
w o pe ry has two departments, Cutting and Finishing. The company uses a job order costing system and computes a n ed overhead rete in each department. The Cutting Department bases its rate on machine hours, and the Finishing en bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Nachine-hours Total Fixed manufacturing overhead cost variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting...
How do you solve for total manufacturing costs using the 2 table Exercise 2-13 Departmental Predetermined Overhead Rates (LO2-1, LO2-2, LO2-4) White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 8,000 90,000 62,300 3,600...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 8,800 62,000 51,800 1,900...
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing Direct labor-hours 8,500 74,000 Machine-hours 59,900 1,400 Total fixed manufacturing overhead cost $ 370,000 $ 401,000 Variable manufacturing overhead per machine-hour $ 3.00...
1. In picture** 2.total manufscting cost 2 White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: 10 points 6,400 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead...