Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Plant wide overhead rate.

Question

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Answer 1

Question

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

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Answer 2

Question

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

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Answer 3

Question

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

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Answer 4

Question

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

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Answer 5

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Answer 6

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

Answer 7

Chapter 5, Problem 1TF15

1.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

Answer 8

1.

Expert Solution

Answer to Problem 1TF15

Plant wide overhead rate is $57 per direct labor hour

Answer 9

1.

Expert Solution

Answer 10

1.

Expert Solution

Answer 11

Expert Solution

Answer 12

Explanation of Solution

Plant wide overhead rate

Plant wide overhead rate=Total overhead cost Number ofdirect direct labor hour=$684,00012,000=$57

Plant wide overhead rate is $57 per direct labor hour

Answer 13

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

Answer 14

2.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Overhead rate allocated to product Y is $456000 and product Z is $228000.

Answer 15

2.

Expert Solution

Answer to Problem 1TF15

Overhead rate allocated to product Y is $456000 and product Z is $228000.

Answer 16

2.

Expert Solution

Answer 17

2.

Expert Solution

Answer 18

Expert Solution

Answer 19

Explanation of Solution

Overhead rate :

overhead allocated to product Y=Plant wide overhead rate×number of direct labor hour=$57×8000hours=$456000

Overhead rate allocated to product Y is $456000.

overhead allocated to product Z=Plant wide overhead rate×number of direct labor hour=$57×4000hours=$228000

Overhead rate allocated to product Z is $228000.

Answer 20

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

Answer 21

3.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

Answer 22

3.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $20 per machine hour

Answer 23

3.

Expert Solution

Answer 24

3.

Expert Solution

Answer 25

Expert Solution

Answer 26

Explanation of Solution

Activity rate for the machine activity

Activity rate for the machine activity=Overhead cost for themachine activitynumber of machine hours=$200,00010,000=$20 per machine hour

Activity rate for the machine activity is $20 per machine hour

Answer 27

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

Answer 28

4.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

Answer 29

4.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per set up

Answer 30

4.

Expert Solution

Answer 31

4.

Expert Solution

Answer 32

Expert Solution

Answer 33

Explanation of Solution

Activity rate for the machine set up activity

Activity rate for the machine set up activity=Overhead cost for themachine set up activitynumber of set up=$100,000200=$500 per set up

Activity rate for the machine activity is $500 per set up

Answer 34

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

Answer 35

5.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

Answer 36

5.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $500 per product

Answer 37

5.

Expert Solution

Answer 38

5.

Expert Solution

Answer 39

Expert Solution

Answer 40

Explanation of Solution

Activity rate for the product design activity

Activity rate for product design activity=Overhead cost for product design activitynumber of product=$840,0002=$42000 per product

Activity rate for the machine activity is $500 per product

Answer 41

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

Answer 42

6.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

Answer 43

6.

Expert Solution

Answer to Problem 1TF15

Activity rate for the machine activity is $25 per labor hour

Answer 44

6.

Expert Solution

Answer 45

6.

Expert Solution

Answer 46

Expert Solution

Answer 47

Explanation of Solution

Activity rate for general factory activity

Activity rate for general factory activity=Overhead cost for general factory activitynumber of direct labor=$300,00012000=$25per labor hour

Activity rate for the machine activity is $25 per labor hour

Answer 48

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

Answer 49

7.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Machine set up activity consider the activity as per the batch the machine set.

Answer 50

7.

Expert Solution

Answer to Problem 1TF15

Machine set up activity consider the activity as per the batch the machine set

Answer 51

7.

Expert Solution

Answer 52

7.

Expert Solution

Answer 53

Expert Solution

Answer 54

Explanation of Solution

Machine set up activity consider the activity as per the batch the machine set activity which change from batch-to-batch is considered as the batch level activity.

Answer 55

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

Answer 56

8.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

Answer 57

8.

Expert Solution

Answer to Problem 1TF15

Product design activity is the products level activity because it is based on the number of the product manufactured.

Answer 58

8.

Expert Solution

Answer 59

8.

Expert Solution

Answer 60

Expert Solution

Answer 61

Explanation of Solution

Product design activity is the products level activity because it is based on the number of the product manufactured. The product designed activity which is based on the number of product is considered as the product level activity.

Answer 62

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

Answer 63

9.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

Answer 64

9.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Y is 407,000

Answer 65

9.

Expert Solution

Answer 66

9.

Expert Solution

Answer 67

Expert Solution

Answer 68

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Y using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	7000	140,000
Machine set ups	500	50	25,000
Product designs	42000	1	42,000
General factory	25	8000	200,000
Total overhead cost to be assigned to product Y	407,000

Total overhead cost to be assigned to product Y is 407,000

Answer 69

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

Answer 70

10.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

Answer 71

10.

Expert Solution

Answer to Problem 1TF15

Total overhead cost to be assigned to product Z is 277,000

Answer 72

10.

Expert Solution

Answer 73

10.

Expert Solution

Answer 74

Expert Solution

Answer 75

Explanation of Solution

Manufacturing overhead cost to be assigned to the product Z using ABC system:

Activity	Rate $	Measure	Overhead cost assigned $
Machining	20	3000	60,000
Machine set ups	500	150	75,000
Product designs	42000	1	42,000
General factory	25	4000	100,000
Total overhead cost to be assigned to product Z	277,000

Total overhead cost to be assigned to product Z is 277,000

Answer 76

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Answer 77

11.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead cost allocated for product Y and Z

Answer 78

11.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Answer 79

11.

Expert Solution

Answer 80

11.

Expert Solution

Answer 81

Expert Solution

Answer 82

Explanation of Solution

The percentage of the total overhead cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$456000	228000
b.	Total overhead cost	684000	68400
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead cost allocated for product is 66.67% and Z is 33.33%.

Answer 83

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Answer 84

12.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product

Answer 85

12.

Expert Solution

Answer to Problem 1TF15

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Answer 86

12.

Expert Solution

Answer 87

12.

Expert Solution

Answer 88

Expert Solution

Answer 89

Explanation of Solution

The percentage of machine cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$140000	60,000
b.	Total overhead cost	200,000	200,000
ab	Percentage of the total overhead cost allocated	70%	30.%

Percentage of the machine cost allocated for product is 70% and Z is 30%.

Answer 90

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Answer 91

13.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead machine setup cost allocated for product Y and Z.

Answer 92

13.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Answer 93

13.

Expert Solution

Answer 94

13.

Expert Solution

Answer 95

Expert Solution

Answer 96

Explanation of Solution

The percentage of the machine setup cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$250000	75,000
b.	Total overhead cost	100,000	100,000
ab	Percentage of the total overhead cost allocated	25%	75.%

Percentage of the total overhead machine setup cost allocated for product is 25% and Z is 75%.

Answer 97

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Answer 98

14.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product Y and Z

Answer 99

14.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Answer 100

14.

Expert Solution

Answer 101

14.

Expert Solution

Answer 102

Expert Solution

Answer 103

Explanation of Solution

The percentage of product design cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$420000	42,000
b.	Total overhead cost	84,000	84,000
ab	Percentage of the total overhead cost allocated	50%	50%

Percentage of the total overhead product design cost allocated for product is 25% and Z is 75%.

Answer 104

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Answer 105

15.

To determine

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the total overhead product design cost allocated for product is Y and Z.

Answer 106

15.

Expert Solution

Answer to Problem 1TF15

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Answer 107

15.

Expert Solution

Answer 108

15.

Expert Solution

Answer 109

Expert Solution

Answer 110

Explanation of Solution

The percentage of general factory cost allocated to product Y and Z as show below:

	Particular	Product Y	Product Z
a.	Overhead allocated to each department	$200,000	100,000
b.	Total overhead cost	300,000	300,000
ab	Percentage of the total overhead cost allocated	66.67%	33.33%

Percentage of the total overhead product design cost allocated for product is 66.67% and Z is 33.33%.

Answer 111

Ch. 5 - Prob. 5.1Q Ch. 5 - Prob. 5.2Q Ch. 5 - Prob. 5.3Q Ch. 5 - Prob. 5.4Q Ch. 5 - Prob. 5.5Q Ch. 5 - Prob. 5.6Q Ch. 5 - Prob. 5.7Q Ch. 5 - Prob. 5.8Q Ch. 5 - Prob. 5.9Q Ch. 5 - Prob. 5.10Q

Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Plant wide overhead rate.

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Plant wide overhead rate.

Answer to Problem 1TF15

Explanation of Solution

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Activity rate for the machine activity

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Activity rate for the machine activity per set up

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Activity rate for the machine activity per product

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Activity rate for the machine activity per labor hour

Answer to Problem 1TF15

Explanation of Solution

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. Product design activity is the products level activity

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Total overhead cost to be assigned to product Y

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Total overhead cost to be assigned to product Z

Answer to Problem 1TF15

Explanation of Solution

Answer to Problem 1TF15

Explanation of Solution

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. To calculate: Percentage of the machine cost allocated for both product

Answer to Problem 1TF15

Explanation of Solution

Answer to Problem 1TF15

Explanation of Solution

Answer to Problem 1TF15

Explanation of Solution

Answer to Problem 1TF15

Explanation of Solution

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Chapter 5 Solutions

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Plant wide overhead rate.

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per set up

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per product

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Activity rate for the machine activity per labor hour

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

Product design activity is the products level activity

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Y

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Total overhead cost to be assigned to product Z

Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead.

To calculate: Percentage of the machine cost allocated for both product