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Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 2020, the following estimates were provided for the coming year Direct labor-hours Machine-hours Direct labor cost Manufacturing overhead costs Machining 30,000 60,000 OA $795 OB. $1,335 OC. $1,215 OD. $1,545 $475,000 $360,000 The accounting records of the company show the following data for Job #316 Machining 120 Direct labor-hours Machine-hours 70 Direct material cost $450 Direct labor cost $250 What amount of manufacturing overhead costs will be allocated to Job #3167 Assembly 20,000 60.000 $825,000 $300,000 Assembly 75 5 $250 $475

Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 2020, the following estimates were provided for the coming year Direct labor-hours Machine-hours Direct labor cost Manufacturing overhead costs Machining 30,000 60,000 OA $795 OB. $1,335 OC. $1,215 OD. $1,545 $475,000 $360,000 The accounting records of the company show the following data for Job #316 Machining 120 Direct labor-hours Machine-hours 70 Direct material cost $450 Direct labor cost $250 What amount of manufacturing overhead costs will be allocated to Job #3167 Assembly 20,000 60.000 $825,000 $300,000 Assembly 75 5 $250 $475

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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Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 2020, the following estimates were provided for the coming year Direct labor-hours Machine-hours Direct labor cost Manufacturing overhead costs Machining 30,000 60,000 OA $795 OB. $1,335 OC. $1,215 OD. $1,545 $475,000 $360,000 The accounting records of the company show the following data for Job #316 Machining 120 Direct labor-hours Machine-hours 70 Direct material cost $450 Direct labor cost $250 What amount of manufacturing overhead costs will be allocated to Job #3167 Assembly 20,000 60,000 $825.000 $300,000 Assembly 75 5 $250 $475
Transcribed Image Text:Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 2020, the following estimates were provided for the coming year Direct labor-hours Machine-hours Direct labor cost Manufacturing overhead costs Machining 30,000 60,000 OA $795 OB. $1,335 OC. $1,215 OD. $1,545 $475,000 $360,000 The accounting records of the company show the following data for Job #316 Machining 120 Direct labor-hours Machine-hours 70 Direct material cost $450 Direct labor cost $250 What amount of manufacturing overhead costs will be allocated to Job #3167 Assembly 20,000 60,000 $825.000 $300,000 Assembly 75 5 $250 $475
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