Business, 30.08.2021 17:00, deraldw0509
Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year.
Department DDepartment EDepartment K
Manufacturing overhead$990,000$1,750,000$1,080,00 0
Direct labor costs$1,237,500$1,875,000$675,000
Direct labor hours150,000125,00060,000
Machine hours600,000750,000120,000
During January, the job cost sheets showed the following costs and production data.
Department DDepartment EDepartment K
Direct materials used$210,000$189,000$117,000
Direct labor costs$180,000$165,000$56,250
Manufacturing overhead incurred$148,500$168,000$118,500
Direct labor hours12,00016,5005,250
Machine hours51,00067,50010,410
Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, e. g. 10.25.)
Overhead rate
Department D%
Department E$ per direct labor hour
Department K$ per machine hour
Compute the total manufacturing costs assigned to jobs in January in each department. (Round answers to 0 decimal places, e. g. 2,500.)
Manufacturing Costs
Department D$
Department E$
Department K$
Compute the under- or overapplied overhead for each department at January 31. (Round answers to 0 decimal places, e. g. 2,525.)
Manufacturing Overhead
Department D$ (Underapplied/Overapplied)?
Department E$ (Underapplied/Overapplied)?
Department K$ (Underapplied/Overapplied)?
Answers: 3
Business, 21.06.2019 20:30, jess7kids
Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?
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Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
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Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufact...
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