Question: Please answer ALL requirements and show calculations. i Data Table Manufacturing overhead costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department $ 10,530,000
Please answer ALL requirements and show calculations.



i Data Table Manufacturing overhead costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department $ 10,530,000 $ 930,000 28,000 195,000 Finishing Department $ 7,931,000 $ 3,850,000 160,000 31,000 Print Done A Requirements - X 1. Identify the components of the overview diagram of Bennett's job-costing system. 2. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? 3. During the month of January, the job-cost record for Job 431 shows the following: Machining Department Finishing Department Direct materials used $ 16,000 $ 4,000 Direct manufacturing labor costs $ 600 $ 1,500 Direct manufacturing labor-hours 40 60 Machine-hours 120 Compute the total manufacturing overhead cost allocated to Job 431. 4. Assuming that Job 431 consisted of 400 units of product, what is the cost per unit? 5. Amounts at the end of 2014 are as follows: Machining Department Finishing Department Manufacturing overhead incurred $ 13,350,000 $ 8,958,000 Direct manufacturing labor costs $ 990,000 $ 4,300,000 Machine-hours 250,000 30,000 Compute the under-or overallocated manufacturing overhead for each department and for the Dover plant as a whole. 6. Why might Bennett use two different manufacturing overhead cost pools in its job-costing system? Print Done
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