Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system...

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Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly 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: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Job A460: Machine-hours Direct labor-hours Forming 20,000 2,000 $ Forming 80 30 138,000 $ 2.30 During the current month the company started and finished Job A460. The following data were recorded for this job Assembly 15,000 7,000 $ 58,100 Assembly 10 50 What is the amount of overhead applied in the Forming Department to Job A460? 3.00 Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly 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: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Job A460: Machine-hours Direct labor-hours Forming 20,000 2,000 $ Forming 80 30 138,000 $ 2.30 During the current month the company started and finished Job A460. The following data were recorded for this job Assembly 15,000 7,000 $ 58,100 Assembly 10 50 What is the amount of overhead applied in the Forming Department to Job A460? 3.00

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