Content M Chapter 6 - Homewor... term Exam (Chapters 1, 2, 3 and 5) 19 M19 Midterm Exam (C... G company has two pro... GAddison, Inc. makes a... Saved Help Save & Exit Submit A company has two production departments, Machining and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining 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: ts 01:04:26 Machining Assemb Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 14,000 15,000 6,000 $60,200 $1.40 During the current month the company started and finished Job SUN1. The following data were recorded for this job: Job SUN1: 8,000 $41,600 $3.50 Machine-hours Direct labor-hours Machining 30 Assembly 30 20 20 The estimated total manufacturing overhead for the Machining Department is closest to: Multiple Choice O O О $79,800 $60,200 $19,600 $81,200 < Prev 19 of 31 Next >
Content M Chapter 6 - Homewor... term Exam (Chapters 1, 2, 3 and 5) 19 M19 Midterm Exam (C... G company has two pro... GAddison, Inc. makes a... Saved Help Save & Exit Submit A company has two production departments, Machining and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining 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: ts 01:04:26 Machining Assemb Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 14,000 15,000 6,000 $60,200 $1.40 During the current month the company started and finished Job SUN1. The following data were recorded for this job: Job SUN1: 8,000 $41,600 $3.50 Machine-hours Direct labor-hours Machining 30 Assembly 30 20 20 The estimated total manufacturing overhead for the Machining Department is closest to: Multiple Choice O O О $79,800 $60,200 $19,600 $81,200 < Prev 19 of 31 Next >
Chapter1: Financial Statements And Business Decisions
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