Could you show me how to calculate those questions step by step, especially question 4, unit cost = $ total manufacturer cost/ 50 units right? how to calculate total manufacturer, please show me the details Jordan Company has two departments, X and Y. Overhead is applied based ondirect labor cost in Department X and machine-hours in Department Y. Thefollowing additional information is available:Budgeted AmountsDirect labor costDepartment X$180,000 $165,000Factory overhead $225,000 $180,000mhDepartment YMachine-hours51,00040,000mhActual data for Job #10Department XDepartment YDirect materials requisitioned $10,000 $16,000$11,000 $14,0005,000Direct labor costMachine-hoursmh3,000mhRequired:Compute the budgeted factory overhead rate for Department X.Compute the budgeted factory overhead rate for Department Y.What is the total overhead cost of Job 10?а.b.с.d.If Job 10 consists of 50 units of product, what is the unit cost of thisjob?

Predetermined overhead rate is calculated by dividing the total estimated budgeted cost by total…

Jordan Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Department Y Department X $180,000 $165,000 Factory overhead $225,000 $180,000 mh Machine-hours 51,000 40,000 mh Actual data for Job #10 Department X Department Y Direct materials requisitioned $10,000 $16,000 $11,000 $14,000 5,000 Direct labor cost Machine-hours mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department X. Compute the budgeted factory overhead rate for Department Y. а. b. с. What is the total overhead cost of Job 10? d. If Job 10 consists of 50 units of product, what is the unit cost of this job?

Jordan Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Department Y Department X $180,000 $165,000 Factory overhead $225,000 $180,000 mh Machine-hours 51,000 40,000 mh Actual data for Job #10 Department X Department Y Direct materials requisitioned $10,000 $16,000 $11,000 $14,000 5,000 Direct labor cost Machine-hours mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department X. Compute the budgeted factory overhead rate for Department Y. а. b. с. What is the total overhead cost of Job 10? d. If Job 10 consists of 50 units of product, what is the unit cost of this job?

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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Could you show me how to calculate those questions step by step, especially question 4, unit cost = $ total manufacturer cost/ 50 units right? how to calculate total manufacturer, please show me the details

Jordan Company has two departments, X and Y. Overhead is applied based on
direct labor cost in Department X and machine-hours in Department Y. The
following additional information is available:
Budgeted Amounts
Direct labor cost
Department X
$180,000 $165,000
Factory overhead $225,000 $180,000
mh
Department Y
Machine-hours
51,000
40,000
mh
Actual data for Job #10
Department X
Department Y
Direct materials requisitioned $10,000 $16,000
$11,000 $14,000
5,000
Direct labor cost
Machine-hours
mh
3,000
mh
Required:
Compute the budgeted factory overhead rate for Department X.
Compute the budgeted factory overhead rate for Department Y.
What is the total overhead cost of Job 10?
а.
b.
с.
d.
If Job 10 consists of 50 units of product, what is the unit cost of this
job?

Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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