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13. Jose Corp. Makes bottles using the latest automated technology. The company applies FOH cost to products on the basis of machine hours. The following are estimate used to determine factory overhead rate at the start of the year, Machine hours 150,000 Factory Overhead Cost 1.800.000 The company cost records shows the following actual cost incurred for the year. Machine hours 120,000 Factory Overhead Cost 1.700.000 Raw Materials 60,000 Work in Process (Includes FOH applied of P72,000) 200.000 Finished Goods includes FOH applied of P360,000) 1,000,000 Cost of Goods Sold includes FOH applied of P1,000,000) 2,800.000 Compute the FOH rate. 20. Ethel Corp. Has the following data for the year 2021 Estimated FOH P40,000 + (P 2X Mhr) Estimated machine hours 5,000 Assume that Ethel Corp. Has work on three jobs: 01:02; and 03 last year 1,500 machine hours were spent for job 01: 2,000 machine hours for job 02; and 1,700 machine hours for job 03. The actual factory overhead is P56,000 using 5.200 machine hours. What is the Factory Overhead applied to Job 03? 22. Senen Corporation has two two service departments ( Maintenance and Security) and two producing departments (Assembly and Finishing). The following are the percentage usage of each department. Use of Maintenance Dept Use of Security Department Maintenance 5% Security 10% Assembly 60% 40% Finishing 30% 55% The maintenance department cost is P900,000 and Security Department cost is P500,000. Compute the service cost allocated to Security department using direct method. June Nas Corporation's managers in the stamping department have been studying the overhead cost and the relationship with machine hours. Data from the most recent 12 months Month Overhead Machine hours January 5.030 2.730 February 1.600 600 March 7.210 3:403 April 4.560 2200 May 6.880 3411 6.520 2.586 July 3,364 August 5,570 2411 September 3,960 October 5.810 2.897 November 4,580 December 6,010 2864 The manager of the department has requested a regression analysis of these two variables. The statt person performing the analysis decided to exclude February. She observed the volume of activity was very low for that month because of two factors: A severe flue outbreak and an electrical fire that disrupted operations for about 10 working days Using the least square fregression analysis, compute the fixed cost. 6.230 7.728 2.207

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