he plan department and a finishing department. Felix uses normal costing with categories (direct materials and direct manufacturing labor) and two manufa cost pools (the machining department with machinebours as the allocat: finishing department with direct manufacturing labor costs as the allocation budget for the plant is as follows: Machining Department Finishing De Manufacturing overhead $9,065,000 $8,181,000 costs Direct manufacturing labor $970,000 $2,727,000 costs Direct manufacturing labor- hours 36,000 155,000 Machine-hours 259,000 37,000 a. What is the budgeted manufacturing overhead rate in the machining departm finishing department? During the month of January, the job-cost record for Job 431 shows the followi Machining Department Finishing Depa Direct materials used $13.000 $ 5,000 Direct manufacturing labor $ 900 $ 1250 costs Direct manufacturing labor- 20 70 hours Machine-hours 140 20 b. Compute the total manufacturing overhead cost allocated to Job 431.

he plan department and a finishing department. Felix uses normal costing with categories (direct materials and direct manufacturing labor) and two manufa cost pools (the machining department with machinebours as the allocat: finishing department with direct manufacturing labor costs as the allocation budget for the plant is as follows: Machining Department Finishing De Manufacturing overhead $9,065,000 $8,181,000 costs Direct manufacturing labor $970,000 $2,727,000 costs Direct manufacturing labor- hours 36,000 155,000 Machine-hours 259,000 37,000 a. What is the budgeted manufacturing overhead rate in the machining departm finishing department? During the month of January, the job-cost record for Job 431 shows the followi Machining Department Finishing Depa Direct materials used $13.000 $ 5,000 Direct manufacturing labor $ 900 $ 1250 costs Direct manufacturing labor- 20 70 hours Machine-hours 140 20 b. Compute the total manufacturing overhead cost allocated to Job 431.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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