Question
In: Accounting
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo.
| Estimated Data | Assembly | Fabrication | Total | |||
| Manufacturing overhead costs | $ | 2,850,000 | $ | 3,230,000 | $ | 6,080,000 |
| Direct labor-hours | 95,000 | 57,000 | 152,000 | |||
| Machine-hours | 38,000 | 190,000 | 228,000 | |||
| Job Bravo | Assembly | Fabrication | Total |
| Direct labor-hours | 20 | 12 | 32 |
| Machine-hours | 12 | 15 | 27 |
Required:
1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo?
2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo?
Solutions
ekkarill92 answered 2 years agoRelated Solutions
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.
Estimated Data
Assembly
Fabrication
Total
Manufacturing overhead costs
$
6,720,000
$
7,280,000
$
14,000,000
Direct labor-hours
140,000
84,000
224,000
Machine-hours
56,000
280,000
336,000
Job Bravo
Assembly...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.
Estimated Data
Assembly
Fabrication
Total
Manufacturing overhead costs
$
6,210,000
$
6,750,000
$
12,960,000
Direct labor-hours
135,000
81,000
216,000
Machine-hours
54,000
270,000
324,000
Job Bravo
Assembly...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.
Estimated Data
Assembly
Fabrication
Total
Manufacturing overhead
costs
$
3,960,000
$
4,400,000
$
8,360,000
Direct labor-hours
110,000
66,000
176,000
Machine-hours
44,000
220,000
264,000
Job Bravo
Assembly...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.
Estimated Data
Assembly
Fabrication
Total
Manufacturing overhead costs
$
7,250,000
$
7,830,000
$
15,080,000
Direct labor-hours
145,000
87,000
232,000
Machine-hours
58,000
290,000
348,000
Job Bravo
Assembly...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.
Estimated Data
Assembly
Fabrication
Total
Manufacturing overhead
costs
$
4,370,000
$
4,830,000
$
9,200,000
Direct labor-hours
115,000
69,000
184,000
Machine-hours
46,000
230,000
276,000
Job Bravo
Assembly...
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.
Estimated Data
Assembly
Fabrication
Total
Manufacturing overhead
costs
$
4,370,000
$
4,830,000
$
9,200,000
Direct labor-hours
115,000
69,000
184,000
Machine-hours
46,000
230,000
276,000
Job Bravo
Assembly...
Wilmington Company has two manufacturing departments--Assemblyand Fabrication. It considers all of its manufacturing overheadcosts...
Wilmington Company has two manufacturing departments--Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year--Job Bravo.Estimated DataAssemblyFabricationTotalManufacturing overhead costs$7,800,000$8,400,000$16,200,000Direct labor-hours150,00090,000240,000Machine-hours60,000300,000360,000Job BravoAssemblyFabricationTotalDirect labor-hours312354Machine-hours232649Required:1. If Wilmington used a plantwide predetermined overhead rate
based on direct labor-hours, how much manufacturing overhead would
be applied to...
Wilmington Company has two manufacturing departments—Assembly and Fabrication.
Wilmington Company has two manufacturing departments—Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year—Job Bravo.Estimated
DataAssemblyFabricationTotalManufacturing
overhead costs$5,720,000$6,240,000$11,960,000Direct
labor-hours130,00078,000208,000Machine-hours52,000260,000312,000Job BravoAssemblyFabricationTotalDirect
labor-hours271946Machine-hours192241Required:1. If Wilmington used a plantwide predetermined overhead rate
based on direct labor-hours, how much manufacturing overhead would
be applied to...
Wilmington Company has two manufacturing departments—Assembly and Fabrication
Wilmington Company has two manufacturing departments—Assembly
and Fabrication. It considers all of its manufacturing overhead
costs to be fixed costs. The first set of data that is shown below
is based on estimates from the beginning of the year. The second
set of data relates to one particular job completed during the
year—Job Bravo.Estimated
DataAssemblyFabricationTotalManufacturing
overhead costs$5,720,000$6,240,000$11,960,000Direct
labor-hours130,00078,000208,000Machine-hours52,000260,000312,000Job BravoAssemblyFabricationTotalDirect
labor-hours271946Machine-hours192241Required:1. If Wilmington used a plantwide predetermined overhead rate
based on direct labor-hours, how much manufacturing overhead would
be applied to...
Mason Company has two manufacturing departments—Machining and Assembly. The company considers all of its manufacturing overhead...
Mason Company has two manufacturing departments—Machining and
Assembly. The company considers all of its manufacturing overhead
costs to be fixed costs. It provided the following estimates at the
beginning of the year as well as the following information with
respect to Jobs A and B:
Estimated DataMachiningAssemblyTotalManufacturing
overhead$12,500,000 $625,000 $13,125,000 Direct labor hours
25,000 500,000 525,000 Machine hours
500,000 20,000 520,000
Job AMachiningAssemblyTotalDirect labor
hours51015Machine hours11213
Job BMachiningAssemblyTotalDirect labor hours459Machine
hours12315
Required:
1. If Mason Company uses a plantwide predetermined overhead rate
with direct...
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