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cassandra_dan cassandra_dan
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A year ago

Malakan Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department’s predetermined overhead rate is based on machine-hours and the Finishing Department’s predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

MachiningFinishing
Machine-hours18,00011,000
Direct labor-hours2,0009,000
Total fixed manufacturing overhead cost$ 102,600$ 96,300
Variable manufacturing overhead per machine-hour$ 2.10
Variable manufacturing overhead per direct labor-hour$ 3.90

During the current month the company started and finished Job K368. The following data were recorded for this job:

Job K368:MachiningFinishing
Machine-hours8030
Direct labor-hours2040

The amount of overhead applied in the Machining Department to Job K368 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $856.00

▸ $168.00

▸ $624.00

▸ $140,400.00
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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Akabbett1Akabbett1
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A year ago
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cassandra_dan Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thank you, thank you, thank you!
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2 hours ago
Brilliant
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