References Comprehensive Problem 5 (Algo) Part e e. A St. Cloud subcontractor has offered to produce...
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References Comprehensive Problem 5 (Algo) Part e e. A St. Cloud subcontractor has offered to produce the parts for job no. 110 for a price of $7 per unit. Assume the St. Cloud sales force has already committed to the bid price based on the calculations in part b. Should the St. Cloud plant buy the $7 per unit part from the subcontractor or continue to make the parts for job no. 110 itself? Buy part from the subcontractor Continue to make the part Comprehensive Problem 5 (Algo) Part a Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110? Complete this question by entering your answers in the tabs below. Req A1 Req A2 What is the expected cost per unit produced for job no. 110? (Round your intermediate calculations and final answer to 2 decimal places.) Manufacturing costs for Job 110 per unit < Req A1 Red 42 > pped Book Comprehensive Problem 5 (Algo) Part b Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. rint Req B1 Req B2 Req B3 rences Find the department overhead rate using expected machine hours for Department A and Department B. (Round your answer to 2 decimal places.) Overhead rate-Department A per machine hour Overhead rate-Department B per machine hour < Req B1 Req B3 > k ht ences Comprehensive Problem 5 (Algo) Part f f. Would your response to part e change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $19,000? Incremental profit earned by producing the other job Incremental cost of buying the parts from the subcontractor Increase in total profits Decrease in total profits 5 eBook Comprehensive Problem 5 (Algo) Part a Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110? Complete this question by entering your answers in the tabs below. Print Req A1 Req A2 References Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. (Round your answer to 2 decimal places.) Overhead rate per direct labor hour < Req A1 Req A2 > ped ook Comprehensive Problem 5 (Algo) Part b Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. int Req B1 Req B2 Req B3 ences Find the plant wide overhead rate by using expected machine hours. (Round your answer to 2 decimal places.) Plantwide overhead rate per machine hour < Req B1 Req B2 > Comprehensive Problem 5 (Algo) Part d d. Compute the under- or overapplied overhead for the St. Cloud plant for the year. (Round your intermediate calculations to 2 decimal places.) Cook Print Comprehensive Problem 5 (Algo) Part c c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. erences Req C1 Req C2 Req C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Bid price < Req C1 Req C3 > Comprehensive Problem 5 (Algo) Part c 16.66 points eBook Print c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. References Req C1 Req C2 Req C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Bid price < Req C1 Req C2 > Comprehensive Problem 5 (Algo) [The following information applies to the questions displayed below.] The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a job order costing system for its batch production processes. The St. Cloud plant has two departments through which most jobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $200,000. During the past year, actual plantwide overhead was $187,000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. Department A Department B Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity: Direct labor hours Machine-hours Actual activity: Direct labor hours Machine-hours $ 144,000 168,000 $ 405,000 420,000 40,000 10,000 16,000 45,000 41,000 16,500 I 8,400 47,000 For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. Direct materials $17,500 Direct labor cost: Department A (2,200 hr) 33,000 Department B (500 hr) 12,000 Machine-hours projected: Department A 160 Department B Units produced 1,200 12,000 < Prev 6G of 6 Next Book Print Comprehensive Problem 5 (Algo) Part c c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. eferences Req C1 Req C2 Req C3 Which of the overhead allocation methods would you recommend? Which method would you recommend? < Req C2 Req C3 > 66 nts Skipped eBook Comprehensive Problem 5 (Algo) Part b Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. Print Req B1 Req B2 Req B3 References Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. (Round your intermediate calculations and final answer to 2 decimal places.) Manufacturing costs for job 110 per unit < Req B2 Req B3 > References Comprehensive Problem 5 (Algo) Part e e. A St. Cloud subcontractor has offered to produce the parts for job no. 110 for a price of $7 per unit. Assume the St. Cloud sales force has already committed to the bid price based on the calculations in part b. Should the St. Cloud plant buy the $7 per unit part from the subcontractor or continue to make the parts for job no. 110 itself? Buy part from the subcontractor Continue to make the part Comprehensive Problem 5 (Algo) Part a Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110? Complete this question by entering your answers in the tabs below. Req A1 Req A2 What is the expected cost per unit produced for job no. 110? (Round your intermediate calculations and final answer to 2 decimal places.) Manufacturing costs for Job 110 per unit < Req A1 Red 42 > pped Book Comprehensive Problem 5 (Algo) Part b Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. rint Req B1 Req B2 Req B3 rences Find the department overhead rate using expected machine hours for Department A and Department B. (Round your answer to 2 decimal places.) Overhead rate-Department A per machine hour Overhead rate-Department B per machine hour < Req B1 Req B3 > k ht ences Comprehensive Problem 5 (Algo) Part f f. Would your response to part e change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $19,000? Incremental profit earned by producing the other job Incremental cost of buying the parts from the subcontractor Increase in total profits Decrease in total profits 5 eBook Comprehensive Problem 5 (Algo) Part a Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110? Complete this question by entering your answers in the tabs below. Print Req A1 Req A2 References Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. (Round your answer to 2 decimal places.) Overhead rate per direct labor hour < Req A1 Req A2 > ped ook Comprehensive Problem 5 (Algo) Part b Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. int Req B1 Req B2 Req B3 ences Find the plant wide overhead rate by using expected machine hours. (Round your answer to 2 decimal places.) Plantwide overhead rate per machine hour < Req B1 Req B2 > Comprehensive Problem 5 (Algo) Part d d. Compute the under- or overapplied overhead for the St. Cloud plant for the year. (Round your intermediate calculations to 2 decimal places.) Cook Print Comprehensive Problem 5 (Algo) Part c c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. erences Req C1 Req C2 Req C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Bid price < Req C1 Req C3 > Comprehensive Problem 5 (Algo) Part c 16.66 points eBook Print c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. References Req C1 Req C2 Req C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Bid price < Req C1 Req C2 > Comprehensive Problem 5 (Algo) [The following information applies to the questions displayed below.] The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a job order costing system for its batch production processes. The St. Cloud plant has two departments through which most jobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $200,000. During the past year, actual plantwide overhead was $187,000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. Department A Department B Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity: Direct labor hours Machine-hours Actual activity: Direct labor hours Machine-hours $ 144,000 168,000 $ 405,000 420,000 40,000 10,000 16,000 45,000 41,000 16,500 I 8,400 47,000 For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. Direct materials $17,500 Direct labor cost: Department A (2,200 hr) 33,000 Department B (500 hr) 12,000 Machine-hours projected: Department A 160 Department B Units produced 1,200 12,000 < Prev 6G of 6 Next Book Print Comprehensive Problem 5 (Algo) Part c c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 28 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. eferences Req C1 Req C2 Req C3 Which of the overhead allocation methods would you recommend? Which method would you recommend? < Req C2 Req C3 > 66 nts Skipped eBook Comprehensive Problem 5 (Algo) Part b Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. Print Req B1 Req B2 Req B3 References Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. (Round your intermediate calculations and final answer to 2 decimal places.) Manufacturing costs for job 110 per unit < Req B2 Req B3 >
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