Question: I need guidance with this general accounting problem using the right accounting principles. Pinewood Industries has two production departments: Molding and Assembly. The company uses

I need guidance with this general accounting problem using the right accounting principles.

I need guidance with this general accounting
Pinewood Industries has two production departments: Molding and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Molding Department's predetermined overhead rate is based on machine hours and the Assembly 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: Molding Assembly Machine-hours 25,000 12,000 Direct labor-hours 18,000 10,000 Total fixed manufacturing overhead cost $150,000 $50,000 Variable manufacturing overhead per machine-hour $2.00 Variable manufacturing overhead per direct labor-hour $4.00 What is the estimated total manufacturing overhead for the Assembly Department

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