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plz no photos Q 4 Abdulkarim Company is using job costing system. The allocation base for...
plz no photos
Q 4 Abdulkarim Company is using job costing system. The allocation base for overhead is number of machine hours. The company uses normal costing to compute the overhead allocation rate.
The following data are available for 2017 year:
Estimated total overhead cost $270,000
Estimated total number of machine-hours 200,000
Actual total overhead cost $290,000
Actual total number of machine-hours 220,000
Job 630 used 14, 000 machine hours.
The company had job 630 and other jobs during the year.
a. Calculate the estimated overhead allocation rate.
b. Compute the overhead allocated to job 630.
c. Calculate total allocated overhead and analyze the value of allocated overhead.
d. Explain the Concept of Job Costing?
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Q 4 Abdulkarim Company is using job costing system. The allocation base for overhead is number...
Q 4 Abdulkarim Company is using job costing system. The
allocation base for overhead is number of machine hours. The
company uses normal costing to compute the overhead allocation
rate.
The following data are available for 2017 year:
Estimated total overhead
cost
$270,000
Estimated total number of
machine-hours
200,000
Actual total overhead cost
$290,000
Actual total number of machine-hours
220,000
Job 630 used 14, 000 machine hours.
The company had job 630 and other jobs during...
XYZ Company is using job costing system. The allocation base for overhead is number of machine...
XYZ Company is using job costing system. The allocation
base for overhead is number of machine hours. The company uses
normal costing to compute the overhead allocation
rate.
The following data are available for 2017
year:
Estimated total overhead
cost
$270,000
Estimated total number of
machine-hours
200,000
Actual total overhead cost
$290,000
Actual total number of
machine-hours
220,000
Job 630 used 14, 000 machine hours.
The company had job 630 and other jobs during the
year....
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