Question
In: Accounting
Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
| Machining | Finishing | Total | ||||
| Estimated total machine-hours (MHs) | 5,000 | 5,000 | 10,000 | |||
| Estimated total fixed manufacturing overhead cost | $ | 26,500 | $ | 13,500 | $ | 40,000 |
| Estimated variable manufacturing overhead cost per MH | $ | 2.00 | $ | 3.00 | ||
During the most recent month, the company started and completed two jobs--Job C and Job L. There were no beginning inventories. Data concerning those two jobs follow:
| Job C | Job L | |||
| Direct materials | $ | 12,500 | $ | 8,200 |
| Direct labor cost | $ | 20,200 | $ | 6,400 |
| Machining machine-hours | 3,400 | 1,600 | ||
| Finishing machine-hours | 2,000 | 3,000 | ||
Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job L is closest to: (Round your intermediate calculations to 2 decimal places.)
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
8,000
2,000
10,000
Estimated total fixed manufacturing overhead cost
$
16,000
$
9,400
$
25,400
Estimated variable manufacturing overhead cost per MH
$
3.00
$
6.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
8,000
2,000
10,000
Estimated total fixed manufacturing overhead cost
$
16,000
$
9,400
$
25,400
Estimated variable manufacturing overhead cost per MH
$
3.00
$
6.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
8,000
8,000
16,000
Estimated total fixed manufacturing overhead cost
$
4,400
$
39,200
$
43,600
Estimated variable manufacturing overhead cost per MH
$
2.60
$
3.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
6,000
4,000
10,000
Estimated total fixed manufacturing overhead cost
$
10,200
$
24,400
$
34,600
Estimated variable manufacturing overhead cost per MH
$
2.30
$
4.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
4,000
6,000
10,000
Estimated total fixed manufacturing overhead cost
$
4,000
$
42,000
$
46,000
Estimated variable manufacturing overhead cost per MH
$
2.20
$
6.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
9,000
8,000
17,000
Estimated total fixed manufacturing overhead cost
$
18,000
$
7,800
$
25,800
Estimated variable manufacturing overhead cost per MH
$
2.70
$
5.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total
machine-hours (MHs)
4,000
6,000
10,000
Estimated total
fixed manufacturing overhead cost
$
5,200
$
20,400
$
25,600
Estimated variable
manufacturing overhead cost per MH
$
1.50
$
6.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
7,000
3,000
10,000
Estimated total fixed manufacturing overhead cost
$
12,600
$
18,600
$
31,200
Estimated variable manufacturing overhead cost per MH
$
1.70
$
4.00
During the most recent month, the company started and completed
two jobs--Job B and Job K. There were no beginning inventories.
Data...
Bierce Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the...
Bierce Corporation has two manufacturing departments--Machining
and Finishing. The company used the following data at the beginning
of the year to calculate predetermined overhead rates: Machining
Finishing Total Estimated total machine-hours (MHs) 5,000 5,000
10,000 Estimated total fixed manufacturing overhead cost $ 12,000 $
29,000 $ 41,000 Estimated variable manufacturing overhead cost per
MH $ 2.90 $ 3.00 During the most recent month, the company started
and completed two jobs--Job B and Job K. There were no beginning
inventories. Data...
Molash Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the...
Molash Corporation has two manufacturing departments--Machining
and Assembly. The company used the following data at the beginning
of the year to calculate predetermined overhead rates:
Machining
Assembly
Total
Estimated total machine-hours (MHs)
2,000
3,000
5,000
Estimated total fixed manufacturing overhead cost
$
9,400
$
8,100
$
17,500
Estimated variable manufacturing overhead cost per MH
$
1.80
$
2.40
During the most recent month, the company started and completed
two jobs--Job B and Job L. There were no beginning inventories.
Data...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady workforce of 10 very...
- Write the logical expression for the control signal RF_Write assuming the instruction set consists only of...
- A batted baseball is hit with a velocity of 44 m/s, starting from an initial height...
- How does loan securitization compare to other means of risk management? Do you think all types...
- Contribution Margin Analysis—Sales Select Audio Inc. sells electronic equipment. Management decided early in the year to...
- Required information [The following information applies to the questions displayed below.] Raner, Harris & Chan...
- Parramore Corp has $20 million of sales, $2 million of inventories, $4 million of receivables, and...
ADVERTISEMENT