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Home Q & A Board Other Fields Homework Help Business Accounting
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supersour supersour
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A year ago

Macnamara Corporation has two manufacturing departments--Casting and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:

CastingFinishingTotal
Estimated total machine-hours (MHs)1,0004,0005,000
Estimated total fixed manufacturing overhead cost$ 4,800$ 8,800$ 13,600
Estimated variable manufacturing overhead cost per MH$ 1.80$ 2.90

During the most recent month, the company started and completed two jobs--Job F and Job M. There were no beginning inventories. Data concerning those two jobs follow:

Job FJob M
Direct materials$ 11,500$ 9,000
Direct labor cost$ 18,400$ 7,400
Casting machine-hours700300
Finishing machine-hours1,6002,400

Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job F is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $4,620

▸ $12,780

▸ $12,420

▸ $8,160
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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dreamkheidreamkhei
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A year ago
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supersour Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
big_larry_samp
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Yesterday
Smart ... Thanks!
mcraver1
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2 hours ago
Thank you, thank you, thank you!
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