Ahlhelm Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine- hours and the Assembly 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: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour During the current month the company started and finished Job T924. The following data were recorded for this job Job T924: Machine-hours Direct labor-hours Direct materials. Direct labor cost Multiple Choice O $55.200 O O $385 $840 The estimated total manufacturing overhead for the Assembly Department is closest to: O $27,000 $47700 Forming 70 30 $82.200 $870 $630 Forming Assembly 16,000 2,000 Assembly 20 40 15,000 6,000 $ $ 55,200 102,400 $ 2.30 $ 4.50

Ahlhelm Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine- hours and the Assembly 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: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour During the current month the company started and finished Job T924. The following data were recorded for this job Job T924: Machine-hours Direct labor-hours Direct materials. Direct labor cost Multiple Choice O $55.200 O O $385 $840 The estimated total manufacturing overhead for the Assembly Department is closest to: O $27,000 $47700 Forming 70 30 $82.200 $870 $630 Forming Assembly 16,000 2,000 Assembly 20 40 15,000 6,000 $ $ 55,200 102,400 $ 2.30 $ 4.50

Name: Ahlhelm Corporation has two production departments, Forming and Assem
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Description: Ahlhelm Corporation has two production departments, Forming and Assembly. The company uses a Job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is b

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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