FYI:Your answers for the number 1 questions are correct, but your answers for number 2 questions are wrong: 1.Manufacturing overhead applied Job A Manufacturing overhead applied Job B
FYI:Your answers for the number 1 questions are correct, but your answers for number 2 questions are wrong:
1.Manufacturing overhead applied Job A
Manufacturing overhead applied Job B
2.Manufacturing overhead applied Job A
Manufacturing overhead applied Job B
Here is the answer:
For Machine:
2,816,000 / 176,000 = 16
For Assembly:
256,000 / 176,000 = 1.45
(11 x 16 ) + (10 x 1.45) = 190.50 – Answer for number 2 question for Job A
(12 x 16) + (5 x 1.45) = 199.25 – Answer for number 2 question for Job B
Here’s the problem I sent previously:
Mason Company has two manufacturing departments—Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B:
Estimated Data Machining Assembly Total
Manufacturing overhead $2,816,000 $256,000 $3,072,000
Direct labor hours 16,000 176,000 192,000
Machine hours 176,000 11,000 187,000
Job A Machining Assembly Total
Direct labor hours 5 10 15
Machine hours 11 2 13
Job B Machining Assembly Total
Direct labor hours 4 5 9
Machine hours 12 3 15
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The post FYI:Your answers for the number 1 questions are correct, but your answers for number 2 questions are wrong: 1.Manufacturing overhead applied Job A Manufacturing overhead applied Job B appeared first on Superb Professors.
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