Question: Question 9 2 pts Tomcat Inc. makes drones. It has two manufacturing departments - processing and finishing. The predetermined manufacturing overhead rate is 76% of


Question 9 2 pts Tomcat Inc. makes drones. It has two manufacturing departments - processing and finishing. The predetermined manufacturing overhead rate is 76% of the direct materials cost and $23 per machine hour for the two departments, respectively. Cost per machine hour equals $4.70. The accountant has the following information available for a particular job: Processing Finishing Machine Hours 310 210 Direct Materials Cost $545 $422 What is the total manufacturing overhead applied to this job? Round your answer to 2 d.p. Question 10 2 pts Hayday Enterprises applies manufacturing overhead on the basis of machine-hours. At the beginning of 2019, the cost accountant estimated the following cost information for the year: Total DM Costs $440,000 Total DL Costs $890,000 Total MOH Costs $758,000 Total Machine Hours 2,000 Total DL Hours 90,000 At the end of 2019, Hayday Enterprises' cost accountant noted that the company used 2,500 machine hours and actual MOH was $932,000. Was manufacturing overhead under-applied or over-applied and by how much? Provide over-application as a positive number, and under-application as a negative
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