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Barbeau Corporation has two production departments, Milling and Customizeg The company unes a job-order costing system and computes a predetentned overhead rate in each production department The Ming Department's predetermined overhead rate is based on machine hours and the Custoring Depart based on direct labor company had made the following estimates med overhead t e beginning of the cament year the Kachine-hours Direct laber-hours Total fixed ma 36 M2 Milli 17,000 2,000 $ 119,000 cturing 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 A92. The following data were recorded for this job Milling 90 Customizing 20 20 50 Direct labor firs Customizing 13,000 5,000 $ 42,000 $4.30

Barbeau Corporation has two production departments, Milling and Customizeg The company unes a job-order costing system and computes a predetentned overhead rate in each production department The Ming Department's predetermined overhead rate is based on machine hours and the Custoring Depart based on direct labor company had made the following estimates med overhead t e beginning of the cament year the Kachine-hours Direct laber-hours Total fixed ma 36 M2 Milli 17,000 2,000 $ 119,000 cturing 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 A92. The following data were recorded for this job Milling 90 Customizing 20 20 50 Direct labor firs Customizing 13,000 5,000 $ 42,000 $4.30

FINANCIAL ACCOUNTING
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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Barbeau Corporation has two production departments, Milling and Custoring The company uses a job-order costing system and computes a predetermined overhead rate in each production department The Miling Department's predetermined overhead rate is based on machine hours and the Custorizing 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 Kachine-hours Direct labor-hours Total fixed manufacturing overhead cost Milling 90 20 Variable manufacturing overhead per machine hour Variable manufacturing overhead per direct labor-hour During the current month the company started and finished Job A492. The following data were recorded for this job Joe A492 Machine hours Direct labor ours The estimated total manufacturing overneed for the Customing Department is closest to Show Transcribed Text Multiple Choice $63,500 $21,500 Customizing 20 50 $42,000 milling The estimated total manufacturing overhead for the Customizing Department is closest to: $33,853 17,000 2,000 $ 119,000 $1.60 Customizing 11,000 5,000 $ 42,000 14.30 n
Transcribed Image Text:Barbeau Corporation has two production departments, Milling and Custoring The company uses a job-order costing system and computes a predetermined overhead rate in each production department The Miling Department's predetermined overhead rate is based on machine hours and the Custorizing 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 Kachine-hours Direct labor-hours Total fixed manufacturing overhead cost Milling 90 20 Variable manufacturing overhead per machine hour Variable manufacturing overhead per direct labor-hour During the current month the company started and finished Job A492. The following data were recorded for this job Joe A492 Machine hours Direct labor ours The estimated total manufacturing overneed for the Customing Department is closest to Show Transcribed Text Multiple Choice $63,500 $21,500 Customizing 20 50 $42,000 milling The estimated total manufacturing overhead for the Customizing Department is closest to: $33,853 17,000 2,000 $ 119,000 $1.60 Customizing 11,000 5,000 $ 42,000 14.30 n
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