Company X has two departments, A and B. Overhead is applied based on machine hours in...

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Company X has two departments, A and B. Overhead is applied based on machine hours in Department A. Overhead is applied based on direct labor hours in Department B Budgeted Amounts Direct labor hours Machine hours Direct materials costs Direct labor costs Manufacturing overhead costs The accounting records for Job M Direct labor hours Machine hours Direct materials costs Direct labor costs Department A 20,000 The overhead allocation rate for Department A = $ The overhead allocation rate for Department B = $ The total allocated overhead cost of Job M = $ The total cost of Job M = $ 10,000 $60,000 $30,000 $210,000 Department A 50 110 $2,600 $1,400 Department B 90,000 50,000 $720,000 $840,000 $360,000 Department B 100 20 $1,400 $1,600 Company X has two departments, A and B. Overhead is applied based on machine hours in Department A. Overhead is applied based on direct labor hours in Department B Budgeted Amounts Direct labor hours Machine hours Direct materials costs Direct labor costs Manufacturing overhead costs The accounting records for Job M Direct labor hours Machine hours Direct materials costs Direct labor costs Department A 20,000 The overhead allocation rate for Department A = $ The overhead allocation rate for Department B = $ The total allocated overhead cost of Job M = $ The total cost of Job M = $ 10,000 $60,000 $30,000 $210,000 Department A 50 110 $2,600 $1,400 Department B 90,000 50,000 $720,000 $840,000 $360,000 Department B 100 20 $1,400 $1,600

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To calculate the overhead allocation rates for Department A and Department B we can use the budgeted ... View the full answer