Cedar Company uses predetermined overhead rates in assigning manufacturing overhead costs to jobs. The rates are based

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Cedar Company uses predetermined overhead rates in assigning manufacturing overhead costs to jobs. The rates are based on machine hours in the machining department and on direct labor hours in the assembly department. Estimated costs, machine hours, and direct labor hours for the year in each department are:


Machining Assembly Direct labor cost. Manufacturing overhead Direct labor hours Machine hours $75,000 $103,000 $48,000 S


During the month of July, Job #315X had the following data for 60 completed units of product:

Cedar Company uses predetermined overhead rates in assigning man


1. What predetermined overhead rates would be used by the company in assigning manufacturing overhead costs to Job #315X in machining and in assembly? (Round all rates to two decimal places.)
2. Using the overhead rates you calculated in part (1), how much manufacturing overhead is applied to Job #315X?
3. What is the unit cost for Job #315X? (Round the unit cost to two decimalplaces.)

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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