Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. Direct labor hours Machine hours Assembly Finishing Overhead 270,000 DLH 470,000 MH $ costs 470,000 157,000 DLH 133,950 ΜΗ $ 737,900 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 4.2 machine hours in the Assembly Department, and 5.0 direct labor hours and 0.4 machine hours in the Finishing Department?
Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. Direct labor hours Machine hours Assembly Finishing Overhead 270,000 DLH 470,000 MH $ costs 470,000 157,000 DLH 133,950 ΜΗ $ 737,900 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 4.2 machine hours in the Assembly Department, and 5.0 direct labor hours and 0.4 machine hours in the Finishing Department?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Angler Industries produces a product which
goes through two operations, Assembly and
Finishing, before it is ready to be shipped. Next
year's expected costs and activities are shown
below.
Direct
labor 270,000 DLH
hours
Machine
hours
Assembly Finishing
Overhead
470,000 ΜΗ
$
costs 470,000
157,000 DLH
133,950 ΜΗ
$
737,900
Assume that the Assembly Department allocates
overhead based on machine hours, and the
Finishing Department allocates overhead based
on direct labor hours. How much total overhead
will be assigned to a product that requires 1
direct labor hour and 4.2 machine hours in the
Assembly Department, and 5.0 direct labor
hours and 0.4 machine hours in the Finishing
Department?
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