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2014 Budget Machining Department...

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Question

Accounting

2014 Budget
Machining Department
Finishing Department
Manufacturing overhead costs
$10,000,000
$8,217,000
Direct manufacturing labor costs
$910,000
$4,150,000
Direct manufacturing labor-hours
34,000
175,000
Machine-hours
200,000
33,000

2.

What is the budgeted manufacturing overhead rate in the machining department? In the finishingdepartment?

3.

During the month of January, the job-cost record for Job 431 shows the following:

Machining Department

Finishing Department

Direct materials used

$15,000

$5,000

Direct manufacturing labor costs

$500

$1,400

Direct manufacturing labor-hours

50

70

Machine-hours

160

15

Compute the total manufacturing overhead cost allocated to Job 431.

4.

Assuming that Job 431 consisted of 300 units of product, what is the cost per unit?

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