The Spice Saga has two production departments, Assembly and Finishing. Each department calculates its own predetermined overhead rate and applies manufacturing overhead throughout the year. The following information was used to calculate overhead application rates: Assembly Finishing TotalEstimated overhead $ 800,000 $ 420,000 $ 1,220,000Direct labor hours 50,000 30,000 80,000Machine hours 16,000 8,000 24,000Overhead information for Job #687 is as follows: Assembly Finishing TotalDirect labor hours 100 125 225Machine hours 30 18 48 a. Assume that The Spice Saga uses direct labor hours to apply overhead in both production departments How much overhead will be applied to Job #687? Note: Round your answer to 2 decimals.b. Assume that The Spice Saga uses machine hours to apply overhead in both production departments, How much overhead will be applied to Job #687? Note: Round your answer to 2 decimals.c. Assume that The Spice Saga uses direct labor hours to apply overhead in the Finishing department and machine and machine hours to apply overhead in the Assembly department. How much overhead will be applied to Job #687?Round final answer to 2 decimals.
The Spice Saga has two production departments, Assembly and Finishing. Each department calculates its own predetermined overhead rate and applies manufacturing overhead throughout the year. The following information was used to calculate overhead application rates:
Assembly Finishing Total
Estimated overhead $ 800,000 $ 420,000 $ 1,220,000
Direct labor hours 50,000 30,000 80,000
Machine hours 16,000 8,000 24,000
Overhead information for Job #687 is as follows:
Assembly Finishing Total
Direct labor hours 100 125 225
Machine hours 30 18 48 a. Assume that The Spice Saga uses direct labor hours to apply overhead in both production departments
How much overhead will be applied to Job #687? Note: Round your answer to 2 decimals.
b. Assume that The Spice Saga uses machine hours to apply overhead in both production departments, How much overhead will be applied to Job #687? Note: Round your answer to 2 decimals.
c. Assume that The Spice Saga uses direct labor hours to apply overhead in the Finishing department and machine and machine hours to apply overhead in the Assembly department. How much overhead will be applied to Job #687?
Round final answer to 2 decimals.
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