Info in imagesAnswer Choices for Q2a. $104,000b. $33,600 c. $310,933 d. $137,600 Huang Aerospace Corporation manufactures aviation control panels in two departments, Fabrication and Assembly. In the Fabrication department, Huang uses apredetermined overhead rate of $30 per machine-hour. In the Assembly department, Huang uses a predetermined overhead rate of $12 per direct labor-hour. During thecurrent year, Job #X2984 incurred the following number of hours in each department:FabricationAssemblyMachine-hours4012Direct labor-hours325What is the total amount of manufacturing overhead that Huang should have applied to Job #X2984 during the current year?Multiple Choice$1,560$1,500$1,200$1,734 Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predeterminedoverhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department'spredetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:Machining CustomizingMachine-hours16,00011,0002,000$104,000$ 2.10Direct labor-hours6,000Total fixed manufacturing overhead costVariable manufacturing overhead per machine-hourVariable manufacturing overhead per direct labor-hour$56,400$ 3.30During the current month the company started and finished Job T272. The following data were recorded for this job:Job T272:Machining CustomizingMachine-hours6030Direct labor-hours1060The estimated total manufacturing overhead for the Machining Department is closest to:

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Huang Aerospace Corporation manufactures aviation control panels in two departments, Fabrication and Assembly. In the Fabrication department, Huang uses a predetermined overhead rate of $30 per machine-hour. In the Assembly department, Huang uses a predetermined overhead rate of $12 per direct labor-hour. During the current year, Job #X2984 incurred the following number of hours in each department: Fabrication Assembly Machine-hours 40 12 Direct labor-hours 3 25 What is the total amount of manufacturing overhead that Huang should have applied to Job #X2984 during the current year? Multiple Choice $1,560 $1,500 $1,200 $1,734

Huang Aerospace Corporation manufactures aviation control panels in two departments, Fabrication and Assembly. In the Fabrication department, Huang uses a predetermined overhead rate of $30 per machine-hour. In the Assembly department, Huang uses a predetermined overhead rate of $12 per direct labor-hour. During the current year, Job #X2984 incurred the following number of hours in each department: Fabrication Assembly Machine-hours 40 12 Direct labor-hours 3 25 What is the total amount of manufacturing overhead that Huang should have applied to Job #X2984 during the current year? Multiple Choice $1,560 $1,500 $1,200 $1,734

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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