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Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used A. $2,060 B. $2,745 Assembly Department OC. $2,025 OD. $2,820 9 9 Sanding Department The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,500. What was the total cost of Job 542 ifLucas Industries used the departmental overhead rates to allocate manufacturing overhead? 6 7

Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used A. $2,060 B. $2,745 Assembly Department OC. $2,025 OD. $2,820 9 9 Sanding Department The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,500. What was the total cost of Job 542 ifLucas Industries used the departmental overhead rates to allocate manufacturing overhead? 6 7

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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Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used Assembly Department OA. $2,060 B. $2,745 OC. $2,025 D. $2,820 9 9 Sanding Department 6 7 The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,500. What was the total cost of Job 542 ifLucas Industries used the departmental overhead rates to allocate manufacturing overhead?
Transcribed Image Text:Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used Assembly Department OA. $2,060 B. $2,745 OC. $2,025 D. $2,820 9 9 Sanding Department 6 7 The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,500. What was the total cost of Job 542 ifLucas Industries used the departmental overhead rates to allocate manufacturing overhead?
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