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Good afternoon,

I was wondering if my assignment could be looked over to see if the answers are correct and if any are incorrect if they could be explained to me so I know what to do in the future.

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I attached photos as well as the information.

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Converse Homes has two manufacturing departments--Assembly and Production

Estimates at the beginning of the year Assembly Production Total

Manufacturing Overhead Costs $480,000 $528,000 $108,000

Direct Labor-hours 12,000 7,200 19,200

Machine hours 4,800 24,000 28,800

Predetermined overhead rate = manufcaturing overhead costs / direct labor hours)

Job 142

Direct labor-hours 25 17 42

Machine hours 17 20 37

1.Calculate the amount of manufacturing overhead applied to Job 142.Converse uses a plantwide predetermined overhead rate based on direct labor hours.

Manufacturing Overhead Applied to Job 142: Assembly Production Total

PREDETERMINED OVERHEAD RATE $40.00 $73.33 $52.50

DRECT LABOR HOURS 25 17 42

Manufacturing Overhead Applied to Job 142: $1,000 $1,246.67 $2,246.67

2.The CFO is considering changing the allocation base for Production to machine hours (instead of direct labor hours).The allocation base for Assembly would continue to be direct labor hours.

Exlain the results if this change is made: Assembly Production Total

Manufacturing overhead allocated to Job 142: $480,000 $528,000 $1,008,000

DIRECT LABOR HOURS 12000 7200 19200

MACHINE HOURS 4800 24000 28800

PREDETERMINED OVERHEAD RATE FOR ASSEMBLY $40.00 $73.33 $52.50

PREDETERMINED OVERHEAD RATE FOR PRODUCTION $100.00 $22.00 $35.00

AutoSave (O Off) 12 . = ACT500_CT_worksheet_Mod04_Option01_1_xIsx - Excel Search Warren W X File Home Insert Page Layout Formulas Data Review View Help Share Comments X Calibri 11 - AA ab Wrap Text General Insert * Delete ~ " Ap O Paste BIU- E Merge & Center * $ ~ % " .0 Conditional Format as Cell Format Sort & Find & Ideas Formatting * Table Styles Filter * Select * Clipboard Font Alignment Number Styles Cells Editing Ideas C25 X A B C D E F G H 1 - Converse Homes has two manufacturing departments- Assembly and Production Estimates at the beginning of the year Assembly Production Total Manufacturing Overhead Costs $ 480,000 $ 528,000 $ 108,000 Direct Labor-hours 12,000 7,200 19,200 Machine hours 4,800 24,000 28,800 Predetermined overhead rate = manufcaturing overhead costs / direct labor hours) Job 142 Direct labor-hours 25 17 42 10 Machine hours 17 20 37 11 12 13 1. Calculate the amount of manufacturing overhead applied to Job 142. Converse uses a plantwide predetermined overhead rate based on direct labor hours. 14 Manufacturing Overhead Applied to Job 142: Assembly Production Total 15 PREDETERMINED OVERHEAD RATE $40.00 $73.33 $52.50 16 DRECT LABOR HOURS 25 17 42 17 Manufacturing Overhead Applied to Job 142: $1,000 $1,246.67 $2,246.67 18 2. The CFO is considering changing the allocation base for Production to machine hours (instead of direct labor hours). The allocation base for Assembly would continue to be direct labor hours. 10 Evlain the racults if this change is made. Accomblu production Total Data Sheet2 + + 100% Type here to search O Eli P N X 4:22 PM 8/30/2020AutoSave (O Off) 12 . = ACT500_CT_worksheet_Mod04_Option01_1_xIsx - Excel Search Warren W X File Home Insert Page Layout Formulas Data Review View Help Share Comments X Calibri 11 - AA ab Wrap Text General Insert * Delete ~ " Ap O Paste BIU ~ E Merge & Center $ ~ % " Conditional Format as Cell Format Sort & Find & Ideas Formatting * Table Styles Filter ~ Select Clipboard Font Alignment Number Styles Cells Editing Ideas C25 X V A B C D E F G H 1 - 13 1. Calculate the amount of manufacturing overhead applied to Job 142. Converse uses a plantwide predetermined overhead rate based on direct labor hours. 14 Manufacturing Overhead Applied to Job 142: Assembly Production Total 15 PREDETERMINED OVERHEAD RATE $40.00 $73.33 $52.50 16 DRECT LABOR HOURS 25 17 42 17 Manufacturing Overhead Applied to Job 142: $1,000 $1,246.67 $2,246.67 18 2. The CFO is considering changing the allocation base for Production to machine hours (instead of direct labor hours). The allocation base for Assembly would continue to be direct labor hours. 19 Exlain the results if this change is made: Assembly Production Total 20 Manufacturing overhead allocated to Job 142: $480,000 $528,000 $1,008,000 21 DIRECT LABOR HOURS 12000 7200 19200 22 MACHINE HOURS 4800 24000 28800 23 PREDETERMINED OVERHEAD RATE FOR ASSEMBLY $40.00 $73.33 $52.50 24 PREDETERMINED OVERHEAD RATE FOR PRODUCTION $100.00 $22.00 $35.00 25 26 27 28 29 30 31 32 Data Sheet2 + + 100% Type here to search P N X W 4:24 PM 8/30/2020

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