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A manufacturer uses normal costing and allocates manufacturing overhead costs to products on the basis of Machine hours in the Machining Department and on
A manufacturer uses normal costing and allocates manufacturing overhead costs to products on the basis of Machine hours in the Machining Department and on the basis of Direct labor hours in the Assembly Department. At the beginning of the year, the following estimates were provided: Direct labor-hours Machine-hours Direct labor cost Manufacturing overhead costs Machining Assembly 69,000 120.000 160,000 40,000 $1,000,000 $1,800,000 $840,000 $480,000 1. Compute the manufacturing overhead rate for each department (4 pts) The following information for Job #634 is available: Direct labor-hours Machine-hours Direct material cost Direct labor cost Machining 240 Assembly 140 120 10 $600 $400 $200 $800 2. What amount of manufacturing overhead costs will be allocated to Job #634?(5 pts) 3. Determine the total cost of Job #634. (5 pts)
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Step: 2
Step: 3
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