Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system...
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Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing 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: Machining Customizing Machine-hours 25,000 16,000 Direct labor-hours 3,000 8,000 $ 32,000 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $ 100,000 $1.50 Variable manufacturing overhead per direct labor-hour $ 3.50 During the current month the company started and finished Job T272. The following data were recorded for this job: Job T272: Machining Customizing Machine-hours 30 40 Direct labor-hours 20 40 The estimated total manufacturing overhead for the Machining Department is closest to: Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing 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: Machining Customizing Machine-hours 25,000 16,000 Direct labor-hours 3,000 8,000 $ 32,000 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $ 100,000 $1.50 Variable manufacturing overhead per direct labor-hour $ 3.50 During the current month the company started and finished Job T272. The following data were recorded for this job: Job T272: Machining Customizing Machine-hours 30 40 Direct labor-hours 20 40 The estimated total manufacturing overhead for the Machining Department is closest to:
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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