Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningCustomizingMachine-hours 16,000 11,000Direct labor-hours 2,000 6,000Total fixed manufacturing overhead cost$104,000$56,400Variable manufacturing overhead per machine-hour$2.10 Variable manufacturing overhead per direct labor-hour $3.30During the current month the company started and finished Job T272. The following data
were recorded for this job:Job T272:MachiningCustomizingMachine-hours 60 30Direct labor-hours 10 60The estimated total manufacturing overhead for the Machining Department is closest to:
A. $137,600
B. $310,933
C. $104,000
D. $33,600
Answer: A
You might also like to view...
What elements are normally included in the body of a formal proposal?
What will be an ideal response?
All of the factors listed below favor the use of probability sampling except (Table 11.5 in the text) ________
A) nonsampling errors are likely to be an important factor B) the nature of the research is conclusive C) the population is heterogeneous with respect to variables of interest D) highly accurate estimates of population characteristics are required
A long-standing charge against intermediaries is that they mark up prices beyond the ________
A) value of their services B) delivery charges C) going market price D) promotion cost E) resale value
Explain the general rule for verb tense usage in business reports and list specific sections that use each verb tense