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:
A. $15,120
B. $14,400
C. $29,520
D. $28,512
Answer: C
You might also like to view...
Which of the following is an example of an external stakeholder for the department store chain Macy’s?
a. A member of the Macy’s board of directors. b. A customer who purchases a mattress at Macy’s. c. A sales associate at Macy’s. d. Owners of Macy’s stock. e. The CEO of Macy’s.
Firms have some choice as to when they disburse cash. A firm may delay making payments to suppliers, employees, and others during the last several days of an accounting period. When this firm makes the cash payments during the early part of the next period, cash flow from
a. operations decreases. b. operations increases. c. financing decreases. d. financing increases. e. investing decreases.
Video-ethnography is a technique for designers to ______.
a. track their customers and record them as they use products and services so as to better design services for them b. understand elasticity of demand c. understand elasticity of supply d. control quality
Drivers on highways are often careless, and even reckless, yet they are not held liable for damages if no one is actually injured. They may, however, be found guilty of traffic law violations if observed, cited and convicted
Indicate whether the statement is true or false