Two staff accountants, Mark and George, are having a lively discussion about various costing procedures that...

  

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Two staff accountants, Mark and George, are having a lively discussion about various costing procedures that are currently in place at the factory where they are employed. The production department has asked the accountants to determine the most effective way in which they can allocate their department costs. The production department has a total Manufacturing Overhead (MOH) cost of $3665460, Mark and George have gathered the following cost driver information: Budgeted machine setups 53000 setups ($1020000) Budgeted pounds of indirect material 127800 pounds ($2645460) A recent production run used 420 machine setups and 2600 pounds of Indirect material. How much of the department's MOH cost will be allocated for the most recent run for the unit level activity? (Round intermediate calculations to 2 decimal places, eg. 12.25) Two staff accountants, Mark and George, are having a lively discussion about various costing procedures that are currently in place at the factory where they are employed. The production department has asked the accountants to determine the most effective way in which they can allocate their department costs. The production department has a total Manufacturing Overhead (MOH) cost of $3665460, Mark and George have gathered the following cost driver information: Budgeted machine setups 53000 setups ($1020000) Budgeted pounds of indirect material 127800 pounds ($2645460) A recent production run used 420 machine setups and 2600 pounds of Indirect material. How much of the department's MOH cost will be allocated for the most recent run for the unit level activity? (Round intermediate calculations to 2 decimal places, eg. 12.25)

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