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BigFella9503 BigFella9503
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A year ago

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

FormingAssemblyTotal
Estimated total machine-hours (MHs)5,0005,00010,000
Estimated total fixed manufacturing overhead cost$ 28,000$ 10,500$ 38,500
Estimated variable manufacturing overhead cost per MH$ 1.80$ 2.60

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

Job BJob L
Forming machine-hours3,4001,600
Assembly machine-hours2,0003,000

Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. The departmental predetermined overhead rate in the Assembly Department is closest to:



▸ $2.60

▸ $4.70

▸ $6.05

▸ $2.10
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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duankong-feiduankong-fei
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A year ago
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BigFella9503 Author
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A year ago
Thank you, thank you, thank you!
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Helped a lot
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Thanks for your help!!
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