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...

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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 themachining? department? In the finishing?department?

3.

During the month of? January, the? job-cost record for Job 431shows 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 Job431.

4.

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

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2 Budgeted manufacturing overhead rate In Machining Departement Manufacturing overhead cost Machine hrs 10000000 200000 50 per    See Answer
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2014 BudgetMachining DepartmentFinishing DepartmentManufacturing overhead costs$10,000,000$8,217,000Direct manufacturing labor costs$910,000$4,150,000Direct manufacturing labor-hours34,000175,000Machine-hours200,00033,0002.What is the budgeted manufacturing overhead rate in themachining? department? In the finishing?department?3.During the month of? January, the? job-cost record for Job 431shows the? following:Machining DepartmentFinishing DepartmentDirect materials used$15,000$5,000Direct manufacturing labor costs$500$1,400Direct manufacturing labor-hours5070Machine-hours16015Compute the total manufacturing overhead cost allocated to Job431.4.Assuming that Job 431 consisted of 300 units of? product, whatis the cost per? unit?

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