Categories: Uncategorized

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:

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 DataMachiningAssemblyTotalManufacturing 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 AMachiningAssemblyTotalDirect labor hours51015Machine hours11213
Job BMachiningAssemblyTotalDirect labor hours459Machine hours12315
Required:
1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? (Round your answers to the nearest whole dollar amount.)
2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? (Round your intermediate calculations and final answers to 2 decimal places.)
1.Manufacturing overhead applied Job A
Manufacturing overhead applied Job B
2.Manufacturing overhead applied Job A
Manufacturing overhead applied Job B
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

The post 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: appeared first on Superb Professors.

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"

Superbprofessors

Recent Posts

case study one page case study one page case study one page case study one page case study one page

Case study one page Case study one page Case study one page Case study one…

2 years ago

business calculus quiz

Business Calculus quiz that is 10 questions and has an hour time limit. Must be…

2 years ago

hnif 355 disscussion post

Write a 175- to 265-word response to the following: What constitutes “robust interoperability,” and what…

2 years ago

news briefing quest 2

For this News Briefing Quest task , pick and analyze a U.S. political news article…

2 years ago

acc610 final project milestone two critical element ii analysis of financial statements

ACC 610 Milestone TwoGuidelines and Rubric This is the secondof three milestone assignments that will…

2 years ago

write in complete paragraphs 5 pages

Please answer the questions in the attachment. I have sent you the required materials. Send…

2 years ago