Question: Please label and answer clearly. Please help me. 9:16 4 Take Quiz Exit Linus Company manufactures specialty tools to customer order. There are three production




9:16 4 Take Quiz Exit Linus Company manufactures specialty tools to customer order. There are three production departments. To apply overhead costs, Department A uses machine hours, Department Buses direct labor cost, and Department Cuses direct labor hours. The following actual production information is available for each department for the month of January: Dept A Dept B Dept Direct Materials $54,400 $51,600 $49,300 Used Direct Labor $31,950 $64,000 $81,000 Cost Factory Overhead $97,500 $43,520 $42,920 Costs Direct Labor 1,420 3,500 3,700 Hours Used Machine Hours 7,800 1,250 1,280 Used nroUnrn 9:16 4 Take Quiz Exit REQUIRED: Assuming that Linus Company uses actual costing: A. Compute the actual factory overhead rate for January for the month of January for each department Dept A: per machine hour per direct Dept B: labor dollar Dept C: per direct labor hour B. If one of the jobs produced in Department A in January used 620 machine hours, how much overhead cost would be applied to that unit? Assuming that Linus Company uses normal costing and the following budgeted information is available for the year: Dept A Dept B Dept C Factory $1,171,200 $540,000 $531,000 Overhead Niue 9:16 4 Take Quiz Exit Dept A Dept B Dept C Factory $1,171,200 $540,000 $531,000 Overhead Direct Labor $388,000 $720,000 $975,000 Cost Direct Labor 18,000 42,000 45,000 Hours Machine 96,000 15,000 16,400 Hours Required: C. Compute the pre-determined annual factory overhead rate for each department. Dept A: per machine hour per Dept B: direct labor dollar per Dept C: direct labor hour D. Compute the factory overhead that will be applied in each department in January. Pent 9:16 4 Take Quiz Exit D. Compute the factory overhead that will be applied in each department in January. Dept A: Dept B: Dept C: E. Compute the over or under applied factory overhead for each department at the end of January. Indicate whether the amount is under or over-applied in the box next to your amount--type in the capital letter if it is underapplied and type I the capital letter if it is over applied. Dept A: Dept B: Dept C
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