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Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Manufacturing overhead Direct labor hours Machine hours Machining $ 500,000 10,000 50,000 Assembly $100,000 50,000 5,000 Total $ 600,000 60,000 55,000 Job A Direct labor hours Machine hours Machining Assembly Total 15 13 10 11 Job B Direct labor hours Machine hours Machining Assembly Total 4 12 3 15 Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? 1. Manufacturing overhead applied Job A Manufacturing overhead applied Job B |2. Manufacturing overhead applied Job A

Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Manufacturing overhead Direct labor hours Machine hours Machining $ 500,000 10,000 50,000 Assembly $100,000 50,000 5,000 Total $ 600,000 60,000 55,000 Job A Direct labor hours Machine hours Machining Assembly Total 15 13 10 11 Job B Direct labor hours Machine hours Machining Assembly Total 4 12 3 15 Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? 1. Manufacturing overhead applied Job A Manufacturing overhead applied Job B |2. Manufacturing overhead applied Job A

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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D< > ezto.mheducation.com Week 5- Homework #3 G Saved Help Save & Ex Che Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Manufacturing overhead Direct labor hours Machine hours points Machining $ 500,000 10,000 50,000 Assembly $ 100,000 50,000 5,000 Total $ 600,000 60,000 55,000 Skipped eBook Job A Direct labor hours Machining Assembly 10 2 Total 15 Print Machine hours 11 13 References Job B Direct labor hours Machine hours Machining Assembly Total 9. 4 12 3. 15 Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? 1. Manufacturing overhead applied Job A Manufacturing overhead applied Job B 2. Manufacturing overhead applied Job A Mc Graw Hill < Prev 4 of 5 Next > 四田自2囚 阿ERE SEP 19 étv
Transcribed Image Text:D< > ezto.mheducation.com Week 5- Homework #3 G Saved Help Save & Ex Che Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Manufacturing overhead Direct labor hours Machine hours points Machining $ 500,000 10,000 50,000 Assembly $ 100,000 50,000 5,000 Total $ 600,000 60,000 55,000 Skipped eBook Job A Direct labor hours Machining Assembly 10 2 Total 15 Print Machine hours 11 13 References Job B Direct labor hours Machine hours Machining Assembly Total 9. 4 12 3. 15 Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? 1. Manufacturing overhead applied Job A Manufacturing overhead applied Job B 2. Manufacturing overhead applied Job A Mc Graw Hill < Prev 4 of 5 Next > 四田自2囚 阿ERE SEP 19 étv
Saved Week 5- Homework #3 i Help Save & Machine hours 50,000 5,000 55,000 Job A Direct labor hours Machine hours Total Machining Assembly 10 15 13 10 11 points Skipped Job B Direct labor hours Machine hours Machining Assembly Total 9. 4. 12 15 eBook Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? Print References 1. Manufacturing overhead applied Job A Manufacturing overhead applied Job B 2. Manufacturing overhead applied Job A Manufacturing overhead applied Job B Mc Graw Hill < Prev 4 of 5 Next > SEP 19 JEP étv 3. ...
Transcribed Image Text:Saved Week 5- Homework #3 i Help Save & Machine hours 50,000 5,000 55,000 Job A Direct labor hours Machine hours Total Machining Assembly 10 15 13 10 11 points Skipped Job B Direct labor hours Machine hours Machining Assembly Total 9. 4. 12 15 eBook Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? Print References 1. Manufacturing overhead applied Job A Manufacturing overhead applied Job B 2. Manufacturing overhead applied Job A Manufacturing overhead applied Job B Mc Graw Hill < Prev 4 of 5 Next > SEP 19 JEP étv 3. ...
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