Required information Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Finishing Overhead cost Direct labor hours Machine hours $1,560,000 Assembly 13,000 direct labor hours 5,000 machine hours) $ 1,035,000 19,000 direct labor hours 15,000 machine hours. What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? The departmental overhead rate for Assembly The departmental overhead rate for Finishing

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Rafner Manufacturing has the following budgeted data for its two production departments.
Budgeted Data
Overhead cost
Direct labor hours
Machine hours
Assembly
Finishing
$1,560,000
$ 1,035,000
13,000 direct labor hours
5,000 machine hours
19,000 direct labor hours
15,000 machine hours
What is the Assembly department overhead rate using direct labor hours?
What is the Finishing department overhead rate using machine hours?
The departmental overhead rate for Assembly
The departmental overhead rate for Finishing
Transcribed Image Text:! Required information Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours Machine hours Assembly Finishing $1,560,000 $ 1,035,000 13,000 direct labor hours 5,000 machine hours 19,000 direct labor hours 15,000 machine hours What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? The departmental overhead rate for Assembly The departmental overhead rate for Finishing
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