Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 20X3, the following estimates were provided for the coming year: Machining 40,000 50,000 Assembly 40,000 20,000 Direct labor-hours Machine-hours Direct labor cost $575,000.00 $750,000.00 Manufacturing overhead costs $280,000.00 $360,000.00 The accounting records of the company show the following data for Job #316: Machining 120 Assembly 85 60 5 Direct labor-hours Machine-hours Direct material cost Direct labor cost What amount of manufacturing overhead costs will be allocated to Job #316? $450.00 $275.00 $150.00 $350.00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A. $1,950.00
B. $1,101.00
C. $1,866.00
D. $1,005.00
Transcribed Image Text:A. $1,950.00 B. $1,101.00 C. $1,866.00 D. $1,005.00
Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine - hours in the Machining Department and on the basis of direct
labor-hours in the Assembly Department. At the beginning of 20X3, the following estimates were provided for the coming year:
Direct labor-hours
Machine - hours
Direct labor cost
Manufacturing overhead costs
Machining
40,000
50,000
Direct labor-hours
Machine - hours
$575,000.00
$280,000.00
Assembly.
40,000
20,000
$750,000.00
$360,000.00
The accounting records of the company show the following data for Job #316:
Machining
120
60
Assembly.
85
5
Direct material cost
$450.00
Direct labor cost
$275.00
What amount of manufacturing overhead costs will be allocated to Job #316?
$150.00
$350.00
C
Transcribed Image Text:Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine - hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 20X3, the following estimates were provided for the coming year: Direct labor-hours Machine - hours Direct labor cost Manufacturing overhead costs Machining 40,000 50,000 Direct labor-hours Machine - hours $575,000.00 $280,000.00 Assembly. 40,000 20,000 $750,000.00 $360,000.00 The accounting records of the company show the following data for Job #316: Machining 120 60 Assembly. 85 5 Direct material cost $450.00 Direct labor cost $275.00 What amount of manufacturing overhead costs will be allocated to Job #316? $150.00 $350.00 C
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