Top Posters
Since Sunday
p
6
I
6
h
5
k
5
a
5
J
5
k
5
r
5
O
5
x
5
d
4
s
4
New Topic  
choco1433 choco1433
wrote...
Posts: 125
Rep: 0 0
11 months ago

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

CastingCustomizingTotal
Estimated total machine-hours (MHs)5,0005,00010,000
Estimated total fixed manufacturing overhead cost$ 27,500$ 10,500$ 38,000
Estimated variable manufacturing overhead cost per MH$ 1.70$ 2.60

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

Job CJob G
Direct materials$ 10,600$ 6,800
Direct labor cost$ 23,700$ 7,900
Casting machine-hours3,4001,600
Customizing machine-hours2,0003,000

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job C is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $32,130

▸ $11,900

▸ $20,230

▸ $20,520
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 43 times
1 Reply
Replies
Answer verified by a subject expert
eminemluvr87eminemluvr87
wrote...
Posts: 123
Rep: 0 0
11 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

choco1433 Author
wrote...

11 months ago
Smart ... Thanks!
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  545 People Browsing
 145 Signed Up Today
Related Images
  
 171
  
 72
  
 54
Your Opinion
Which is the best fuel for late night cramming?
Votes: 144