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arunasingh5 arunasingh5
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A year ago

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

MachiningAssemblyTotal
Estimated total machine-hours (MHs)7,0003,00010,000
Estimated total fixed manufacturing overhead cost$ 39,200$ 6,600$ 45,800
Estimated variable manufacturing overhead cost per MH$ 1.90$ 2.10

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

Job BJob G
Direct materials$ 14,800$ 8,300
Direct labor cost$ 22,000$ 8,900
Machining machine-hours4,8002,200
Assembly machine-hours1,2001,800

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. That predetermined manufacturing overhead rate is closest to:



▸ $4.00

▸ $7.50

▸ $4.58

▸ $6.54
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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angelord2510angelord2510
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Just got PERFECT on my quiz
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