Option (a) is correct
First we will calculate the estimated total manufacturing overhead cost as per below:
Estimated total manufacturing overhead cost (Molding & finishing both) = Estimated total fixed manufacturing overhead cost (molding & finishing) + Estimated total variable manufacturing overhead cost for molding + Estimated total variable manufacturing overhead cost for finishing.
Putting the values in the above equation, we get,
Estimated total manufacturing overhead cost = $30500 + ($2 * $6500) + ($4 * 3500)
Estimated total manufacturing overhead cost = $30500 + ($13000 + $14000)
Estimated total manufacturing overhead cost = $57500
Next we will calculate the pre determined overhead rate as per below:
Pre determined overhead rate = Estimated total manufacturing overhead / Estimated total machine hours
Pre determined overhead rate = $57500 / 10000 = $5.75 per hour.
Now, we will calculate the total manufacturing cost assigned to job M:
Total manufacturing cost assigned to job M = Pre determined overhead rate * Actual machine hours for job M
Total manufacturing cost assigned to job M = $5.75 * (4000 + 1000)
Total manufacturing cost assigned to job M = $5.75 * 5000 = $28750
Help Save & Opunul Corporation has two manufacturing departments-Molding and Finishing The company used the following...
Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Estimated total machine-hours (MHS) 6,500 Estimated total fixed manufacturing overhead cost $ 20,000 Estimated variable manufacturing overhead cost per $ 2.50 MH Finishing 3,500 $5,000 $ 5.00 Tota 10,000 $25,000 During the most recent month, the company started and completed two jobs --Job A and Job M. There were no beginning inventories. Data concerning...
Help Save Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (Ms) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Molding 4,eee $ 3e, eee 2.80 Finishing 1,000 3,480 Total 5, eae $ 33,400 $ $ 4.ee During the most recent month, the company started and completed two jobs Job A and Job M. There were...
Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding 6,500 $14,000 Finishing 3,500 $4,200 Total 10,000 $18,200 Estimated total machine-hours (MES) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per X $ 1.00 $ 2.00 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning Inventories. Data concerning those two...
Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Estimated total machine-hours (MHS) 6,500 Estimated total fixed manufacturing overhead cost $ 16,000 Estimated variable manufacturing overhead cost per $ 1.00 Finishing 3,500 $ 4,100 $ 2.00 Tota. 10,000 $ 20,100 During the most recent month, the company started and completed two jobs --Job A and Job M. There were no beginning inventories. Data...
TB MC Qu. 2-113 Opunul Corporation has two manufacturing... Opunul Corporation has two manufacturing departments --Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Estimated total machine-hours (MS) 6,500 Estimated total fixed manufacturing overhead cont $ 29,000 Estimated variable manufacturing overhead cost $ 2.50 per M Finishing 3,500 $6,000 $ 5.00 Total 10,000 $35,000 During the most recent month, the company started and completed two jobs-Job A and...
TB MC Qu. 2-113 Opunui Corporation has two manufacturing ... Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Estimated total machine-hours (MHS) 3,250 Estimated total fixed manufacturing overhead cost $ 27,000 Estimated variable manufacturing overhead cost per $ 1.00 Finishing 2,250 $4,700 $ 2.00 Total 5,500 $ 31,700 MO During the most recent month, the company started and completed two jobs-Job A...
Opunui Corporation has two manufacturing departments --Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermine overhead rates: 2. - Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead ADD up cost Molding Finishing Total 6500 3500 10,000 S 14,000 $ 4200 $ 18,200 Estimated variable manufacturing overhead cost per MH $ 1.00 $ 2.00 uring the most recent month, the company started and completed two jobs--Job A and Job M. There...
Opunui Corporation has two manufacturing departments --Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHs) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Molding 4,000 $ 25,000 $ 1.00 Finishing 1,000 $ 3,700 $ 2.00 Total 5,000 $ 28,700 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories....
Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Finishing Total Estimated total machine-hours (MHs) 3,250 1,750 5,000 Estimated total fixed manufacturing overhead cost $ 19,000 $ 4,300 $ 23,300 Estimated variable manufacturing overhead cost per MH $ 2.50 $ 5.00 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data...
Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Finishing Total Estimated total machine-hours (MHs) 6,500 3,500 10,000 Estimated total fixed manufacturing overhead cost $ 23,000 $ 4,600 $ 27,600 Estimated variable manufacturing overhead cost per MH $ 2.00 $ 4.00 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data...