Business, 23.03.2020 20:42, bendavidhizar
Dakota Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Dakota allocates manufacturing overhead costs using direct manufacturing labor costs. Dakota provides the following information:Budget for 2017 Actual Results for 2017Direct material costs $2,250,000 $2,150,000Direct manufacturing labor costs 1,700,000 1,650,000Manufacturing overhead costs 3,060,000 3,217,500Required1. Compute the actual and budgeted manufacturing overhead rates for 2017.2. During March, the job-cost record for Job 626 contained the following information:Direct materials used $55,000Direct manufacturing labor costs $45,000Compute the cost of Job 626 using (a) actual costing and (b) normal costing.3. At the end of 2017, compute the under- or overallocated overhead under normal costing. Why is there no under- or overallocated overhead under actual costing?4. Why might managers at Dakota Products prefer to use normal costing?
Answers: 3
Business, 21.06.2019 14:30, terryhgivens4294
When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?
Answers: 2
Dakota Products uses a job-costing system with two direct-cost categories (direct materials and dire...
Arts, 25.06.2019 18:30
Biology, 25.06.2019 18:30
Health, 25.06.2019 18:30
Mathematics, 25.06.2019 18:30
Mathematics, 25.06.2019 18:30
Mathematics, 25.06.2019 18:30