Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all o costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginnis of data relates to one particular job completed during the year-Job Bravo. Estimated Data Manufacturing overhead coats Direct labor-hours Machine-hours Job Bravo Direct labor-hours Machine-hours Assembly $ 960,000 60,000 24,000 Fabrication Total $1,200,000 $2,160,000 Assembly Fabrication Total 13 18 5 13 36,000 120,000 Required: 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much be applied to Job Bravo? 2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocat machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be appli (Round your intermediate calculation to 2 decimal places.) 1. Plantwide manufacturing overhead applied to Job Bravo 2. Manufacturing overhead applied from Assembly to Job Bravo Manufacturing overhead applied from Fabrication to Job Bravo Total departmental manufacturing overhead applied to Job Bravo 96,000 144,000 $ 0

Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all o costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginnis of data relates to one particular job completed during the year-Job Bravo. Estimated Data Manufacturing overhead coats Direct labor-hours Machine-hours Job Bravo Direct labor-hours Machine-hours Assembly $ 960,000 60,000 24,000 Fabrication Total $1,200,000 $2,160,000 Assembly Fabrication Total 13 18 5 13 36,000 120,000 Required: 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much be applied to Job Bravo? 2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocat machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be appli (Round your intermediate calculation to 2 decimal places.) 1. Plantwide manufacturing overhead applied to Job Bravo 2. Manufacturing overhead applied from Assembly to Job Bravo Manufacturing overhead applied from Fabrication to Job Bravo Total departmental manufacturing overhead applied to Job Bravo 96,000 144,000 $ 0

Name: Please do not give solution in image format thanku Wilmington Company
Uploaded: 2024-03-20T06:32:49.000Z
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Description: Please do not give solution in image format thanku Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overheadcosts to be fixed costs. The first set of data that is shown below is base

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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