C-Cubed has two manufacturing departments - Fabrication and Assembly. In its first month, it completed just one job. The following information is available for the company as a whole and for the job: Fabrication Assembly 4 Estimated Total Machine-Hours Used Estimated Total Manufacturing Overhead Per Machine-Hour $10 per Machine-Hour $20 per Machine-Hour Mountain Biker Job $75 Direct Materials Direct Labor S60 Actual Machine Hours Used Fabrication Assembly C-Cubed uses a plantwide predetermined overhead rate based on machine-hours. Compute the manufacturing overhead applied to the Mountain Biker Job. 3 14 Multiple Choice $98 $160 $110 $112

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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C-Cubed has two manufacturing departments – Fabrication and Assembly. In its first month, it completed just one job. The following information is available for the company as a whole and for the job:
Fabrication
Assembly
Estimated Total
4
6
Machine-Hours Used
$10 per Machine-Hour $20 per Machine-Hour
Estimated Total
Manufacturing
Overhead Per
Machine-Hour
Mountain Biker Job
$75
$60
Direct Materials
Direct Labor
Actual Machine Hours Used
Fabrication
3
Assembly
4
C-Cubed uses a plantwide predetermined overhead rate based on machine-hours. Compute the manufacturing overhead applied to the Mountain Biker Job.
Multiple Choice
$98
$160
$110
$112
Transcribed Image Text:C-Cubed has two manufacturing departments – Fabrication and Assembly. In its first month, it completed just one job. The following information is available for the company as a whole and for the job: Fabrication Assembly Estimated Total 4 6 Machine-Hours Used $10 per Machine-Hour $20 per Machine-Hour Estimated Total Manufacturing Overhead Per Machine-Hour Mountain Biker Job $75 $60 Direct Materials Direct Labor Actual Machine Hours Used Fabrication 3 Assembly 4 C-Cubed uses a plantwide predetermined overhead rate based on machine-hours. Compute the manufacturing overhead applied to the Mountain Biker Job. Multiple Choice $98 $160 $110 $112
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