! Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours. Machine hours $ 1,485,900 Assembly 12,700 direct labor hours 5,300 machine hours QS 17-7 (Algo) Computing departmental overhead rates LO P2 What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? The departmental overhead rate for Assembly The departmental overhead rate for Finishing $ 963,900 Finishing 19,300 direct labor hours 15,300 machine hours.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Required information
Use the following information for the Quick Studies below. (Algo)
Rafner Manufacturing has the following budgeted data for its two production departments.
Budgeted Data
Overhead cost
Direct labor hours.
Machine hours
$ 1,485,900
Assembly
12,700 direct labor hours
5,300 machine hours
QS 17-7 (Algo) Computing departmental overhead rates LO P2
What is the Assembly department overhead rate using direct labor hours?
What is the Finishing department overhead rate using machine hours?
The departmental overhead rate for Assembly
The departmental overhead rate for Finishing
$ 963,900
Finishing
19,300 direct labor hours
15,300 machine hours.
Transcribed Image Text:! Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours. Machine hours $ 1,485,900 Assembly 12,700 direct labor hours 5,300 machine hours QS 17-7 (Algo) Computing departmental overhead rates LO P2 What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? The departmental overhead rate for Assembly The departmental overhead rate for Finishing $ 963,900 Finishing 19,300 direct labor hours 15,300 machine hours.
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