e beginning of the year. Department Machining $ 410, eee $ $ 182,500 $ 307,500 $ 615, e00 Total Plant Assembly 92, 250 $ 861, eee ree departments. The Koopers Job, for exam
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- Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500 machine hours. The cost to make Job 416 is $95 in neon, 15 hours of labor at $13 per hour, and five machine hours. During the month, it incurs $95 in indirect material cost, $130 in administrative labor, $320 in utilities, and $350 in depreciation expense. What is the predetermined overhead rate if machine hours are considered the cost driver? What is the cost of Job 416? What is the overhead incurred during the month?"Blast it!" sald David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers Job by $2,000. It seems we're elther too high to get the Job or too low to make any money on half the Jobs we bid." Teledex Company manufactures products to customers' specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply Its manufacturing overhead (assumed to be all fixed) to Jobs. The following estimates were made at the beginning of the year. Department Fabricating Machining $ 358,750 $ 410, e00 $ 102,500 Assembly 92, 250 $ 307,500 S Total Plant Manufacturing overhead Direct labor 861,e0e 615, eee 24 205,000 Jobs require varying amounts of work In the three departments. The Koopers Job, for example, would have requlred manufacturing costs In the three departments as follows: Fabricating $ 3,500 $ 3,800 Department Machining $ 200 $ 500 Assembly $1,900 $ 6,700 Total Plant $ 5,600 $11,000 Direct…"Blast it!" sald David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers Job by $2,000. It seems we're elther too high to get the Job or too low to make any money on half the Jobs we bid." Teledex Company manufactures products to customers' specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply Its manufacturing overhead (assumed to be all fixed) to Jobs. The following estimates were made at the beginning of the year. Department Fabricating Machining $ 358,750 $ 410, e00 $ 102,500 Assembly 92, 250 $ 307,500 S Total Plant Manufacturing overhead Direct labor 861,e0e 615, eee 24 205,000 Jobs require varyIng amounts of work In the three departments. The Koopers job, for example, would have requlred manufacturing costs In the three departments as follows: Fabricating $ 3,500 $ 3,800 Department Machining $ 200 $ 500 Assembly $1,900 $ 6,700 Total Plant $ 5,600 $11,000 Direct…
- "Blast it" said David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers jon by $2,000. It seems we're either too high to get the job or too low to make any money on half the jobs we bid". Teledex Company manufactures products to customers specification and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Fabricating Machining Assembly Total Plant manufacturing overhead $350,000 $400,000 $90,000 $840,000 direct labor $200,000 $100,000 $300,000 $600,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Departments Fabricating Machining…“Blast it!” said David Wilson, president of Teledex Company. “We’ve just lost the bid on the Koopers job by $4,000. It seems we’re either too high to get the job or too low to make any money on half the jobs we bid.” Teledex Company manufactures products to customers’ specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Fabricating Machining Assembly Total Plant Manufacturing overhead $ 362,250 $ 414,000 $ 93,150 $ 869,400 Direct labor $ 207,000 $ 103,500 $ 310,500 $ 621,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Fabricating Machining Assembly Total Plant Direct materials $ 3,700…"Blast it!" said David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers job by $3,000. It seems we're either too high to get the job or too low to make any money on half the jobs we bid." Teledex Company manufactures products to customers' specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Manufacturing overhead Direct labor Fabricating Department Machining Assembly Total Plant $ 365,750 $ 418,000 $ 94,050 $ 877,800 $ 209,000 $ 104,500 $ 313,500 $ 627,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating $ 3,900 $ 4,600 ? Department Machining $ 200 $ 500 ?…
- “Blast it!” said David Wilson, president of Teledex Company. “We’ve just lost the bid on the Koopers job by $3,000. It seems we’re either too high to get the job or too low to make any money on half the jobs we bid.” Teledex Company manufactures products to customers’ specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Total Plant Fabricating Machining Assembly Manufacturing overhead $ 355,250 $ 406,000 $ 91,350 $ 852,600 Direct labor $ 203,000 $ 101,500 $ 304,500 $ 609,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Total Plant Fabricating Machining Assembly Direct materials $ 3,300 $ 200 $…Blast it!” said David Wilson, president of Teledex Company. “We’ve just lost the bid on the Koopers job by $3,000. It seems we’re either too high to get the job or too low to make any money on half the jobs we bid.” Teledex Company manufactures products to customers’ specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Fabricating Machining Assembly Total Plant Manufacturing overhead $ 365,750 $ 418,000 $ 94,050 $ 877,800 Direct labor $ 209,000 $ 104,500 $ 313,500 $ 627,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Fabricating Machining Assembly Total Plant Direct materials $ 3,900…“Blast it!” said David Wilson, president of Teledex Company. “We’ve just lost the bid on the Koopers job by $3,000. It seems we’re either too high to get the job or too low to make any money on half the jobs we bid.” Teledex Company manufactures products to customers’ specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Fabricating Machining Assembly Total Plant Manufacturing overhead $ 360,500 $ 412,000 $ 92,700 $ 865,200 Direct labor $ 206,000 $ 103,000 $ 309,000 $ 618,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Fabricating Machining Assembly Total Plant Direct materials $ 3,600…
- "Blast it!" said David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers job by $4,000. It seems we're either too high to get the job or too low to make any money on half the jobs we bid." Teledex Company manufactures products to customers' specifications and uses job-order costing. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Manufacturing overhead Direct labor Fabricating $367,500 $ 210,000 Direct materials Direct labor Manufacturing overhead Department Machining $ 420,000 $ 105,000 Fabricating $ 4,000 $ 4,800 ? Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Assembly $ 94,500 $ 315,000 Department Machining $300 $ 600 ? Total Plant $ 882,000 $630,000 Assembly Total…3.Blast it! Said David Wilson, president of Teledex Company." We have just lost the bid on the koopers job by $2,000. It seems we are either too high to get the job or too low to make any money on half the jobs we bids". Teledex Company manufactures products to customers' specifications and operates the job-order costing system. Manufacturing overhead cost is applied to job on the basis of direct labor cost. The following estimates were made at the beginning of the year: Direct Labor... Manufacturing Overhead. $ 200,000 $100,000 $300,000 $350,000 $400,000 $90,000 Jobs require varying amounts of work in the three departments. The koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Fabricating Machining Assembly Direct Materials. Direct Labor………… Department Fabricating Machining Assembly Required: $ 200 Total plant $3,000 $ 2,800 $ 6,200 Manufacturing Overhead. ? ? The Company uses a plantwide overhead rate to apply…"Blast it!" said David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers job by $2,000. It seems we're either too high to get the job or too low to make any money on half the jobs we bid. Teledex Company manufactures products to customers' specifications and uses a job-order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year: Department Total Plant Fabricating Machining Assembly Manufacturing overhead $369,250 $ 422,000 $ 94,950 $ 886, 200 Direct labor $211,000 $ 105, 500 $ 316,500 $ 633,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Total Plant Fabricating Machining Assembly Direct materials $4,100 $ 400 $2,500 $ 7,000 Direct labor $5,000…