Direct Labor Hours Machine Hours Total Fixed Manufacturing Overhead Cost Variable Manufacturing Overhead Per Machine Hou 1 (34.19 KiB) Viewed 10 times
Direct Labor Hours Machine Hours Total Fixed Manufacturing Overhead Cost Variable Manufacturing Overhead Per Machine Hou 2 (34.19 KiB) Viewed 10 times
Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Direct labor-hours: Machine-hours Direct materials Direct labor cost Department Cutting 6 86 $ 770 $ 150 Required: 1. Compute the predetermined overhead rate for each department. 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Finishing 18 Department 5 $: 360 $450 Cutting 8,000 59,500 $ 400,000 $ 2.00 60,000 3,400 $ 547,000 10 $3.75 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwe predetermined overhead rate based on direct labor-hours, rather than using departmental rates?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!