Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bulla corporation has two production departments,

Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing...

60.1K

Verified Solution

Question

Accounting

image

Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates achining Customizing 15,000 2000 $ 108,000 $ 70,500 24,000 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 1000 1.50 3.00 During the current month the company started and finished Job K369. The following data were recorded for this job Job K369 Machine-hours Direct labor-hours Machining Customizing 60 30 40 60 Required Calculate the following Predetermined OH rate for Machining (round to 2 decimal places) Predetermined OH rate for Customizing (round to 2 decimal places) Total Amount of OH applied to job K369 through both departments (do not include commas)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

Your lab partner did an experiment where he added drug to a tissue, he thinks the...

Chemistry
1.2K views

The haf reaction occuring in the standard hydrogen electrode \"SHE\" is 2H+ (aq) +2e- <=> H2 (g) a)...

Mechanical Engineering
1.2K views

Consider the flow of a liquid metal past a flat plate (Pr << 1). We have...

Physics
1.2K views

can you assign a half-life to a population of human? e.g.can you find a group of 1000...

Biology
1.2K views

characteristics

Basic Math
1.2K views

The total daily cost in dollars of producing x park benches is given by C...

Basic Math
1.2K views

Use the half angle formula to find the exact value sin 13x S 2 2...

Basic Math
1.2K views

USE THE NORMAL CURVE TABLE TO DETERMINE THE PERCENT OF DATA SPECIFIED.A) BETWEEN z =...

Algebra
1.2K views

Problem 7 Consider the following matrix A whose 2nd and 3rd rows are not given...

Accounting
1.2K views

Project Y requires a $327,000 investment for new machinery with a four-year life and no...

Accounting
1.2K views

nder Corporation is experiencing a temporary cash shortage and decides to transfer a group of...

Accounting
1.2K views

In an inflationary period, which inventory cost flow method, LIFO or FIFO, will produce the...