Heroux Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingCustomizingTotalEstimated total machine-hours (MHs) 3,000 7,000 10,000Estimated total fixed manufacturing overhead cost$16,500$20,300$36,800Estimated variable manufacturing overhead cost per MH$1.70$2.50 During the most recent month, the company started and completed two jobs-Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow: Job AJob HDirect materials$12,800$6,700Direct labor cost$24,300$7,800Forming machine-hours 2,000 1,000Customizing machine-hours 2,800 4,200Assume that the company uses departmental predetermined overhead rates with
machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job A is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $15,120
B. $29,520
C. $28,512
D. $14,400
Answer: B
You might also like to view...
The use of direct marketing by a store-based retailer demonstrates _____
a. multi-channel retailing b. scrambled merchandising c. the wheel of retailing d. rationalized retailing
The distinguishing characteristic of the accounting rate of return method compared to others is:
a. the use of the time value of money. b. the use of accounting income instead of cash flows. c. the use of cash flows instead of accounting income. d. the use of estimates. e. All of the answers are correct.
A merger between two regional fruit-sellers that do not sell fruit in the same geographical area is an example of a ________
A) market extension merger B) conglomerate merger C) horizontal merger D) vertical merger
Which of the following provides sufficient grounds to set aside an arbitrator's award?
A) The parties were not represented by attorneys. B) The arbitrator did not cite any conclusions of law in the award. C) The arbitrator refused to postpone the hearing despite sufficient cause. D) The arbitrator did not request arbitration briefs before providing a decision.