Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system...
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Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing 18,000 1,000 $90,000 $ 2.00 20,000 2,000 $88,000 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour $ 4.00 During the current month the company started and finished Job K369. The following data were recorded for this job: Machining Customizing 40 60 Job K369: Machine-hours Direct labor-hours 70 40 Required: Calculate the total amount of overhead applied to Job K369 in both departments. (Do not round intermediate calculations.) Overhead applied Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing 18,000 1,000 $90,000 $ 2.00 20,000 2,000 $88,000 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour $ 4.00 During the current month the company started and finished Job K369. The following data were recorded for this job: Machining Customizing 40 60 Job K369: Machine-hours Direct labor-hours 70 40 Required: Calculate the total amount of overhead applied to Job K369 in both departments. (Do not round intermediate calculations.) Overhead applied
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Related Book For
Financial Accounting
ISBN: 978-0324645576
10th edition
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
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