Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MachiningFinishingTotalEstimated total machine-hours (MHs) 5,000 5,000 10,000Estimated total fixed manufacturing overhead cost$26,500$13,500$40,000Estimated variable manufacturing overhead cost per MH$2.00$3.00 During the most recent month, the company started and completed two jobs--Job C and Job L. There were no beginning inventories. Data concerning those two jobs follow: Job CJob LDirect materials$12,500$8,200Direct labor cost$20,200$6,400Machining machine-hours 3,400 1,600Finishing machine-hours 2,000 3,000Assume 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 L is closest to:
A. $17,100
B. $29,900
C. $11,680
D. $28,780
Answer: D
You might also like to view...
If you discuss one main point for 15 minutes, while only focusing for another main point for 3, you do not have
a. harmonize points. b. coordinate points. c. consistency points. d. equal points.
People, possession, and information-based services have strikingly similar requirements on an international distribution strategy
Indicate whether the statement is true or false
Which of the following kinds of organizations is most likely to be mechanistic?
a. A tech start-up b. A school c. A nuclear power plant d. An architecture firm
Ryan, age 48, received an $8,000 distribution from his traditional IRA to pay for medical expenses. Ryan has made only deductible contributions to the IRA and his marginal tax rate is 28 percent. What amount of taxes and early distribution penalties will Ryan be required to pay on the distribution?
What will be an ideal response?