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pochemuha
3 years ago
11

Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and compu

tes a predetermined overhead rate in each production department. The Casting 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:
Casting Customizing
Machine-hours 25,000 24,000
Direct labor-hours 7,000 7,000
Total fixed manufacturing overhead cost $145,000 $35,000
Variable manufacturing overhead per machine-hour $1.10
Variable manufacturing overhead per direct labor-hour $3.20

The estimated total manufacturing overhead for the Customizing Department is closest to:________
Business
1 answer:
SCORPION-xisa [38]3 years ago
7 0

Answer:

$57,400

Explanation:

The computation of the estimated total manufacturing overhead for the Customizing Department is shown below:

= Total fixed manufacturing overhead cost + Direct labor-hours × Variable manufacturing overhead per direct labor-hour

= $35,000 + 7,000 direct labor hours × $3.20

= $35,000 + $22,400

= $57,400

All other information that is given in the question is ignored.

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3 years ago
. Dallas Wildcat Drilling Co. sells an oil-drilling rig for $3,000,000. The drilling rig was purchased in 2013 for $2,000,000. D
olga2289 [7]

Answer:

$2,200,000 gain

Explanation:

When the amount received from the disposal of an asset is lower than the carrying or net book value (NBV) of the asset, the company makes a loss on disposal otherwise, the company makes a gain on disposal.

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5 0
3 years ago
Veneer Company has two service departments and two producing departments. The number of employees in each department is: Personn
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Answer:

$13,532 .00

Explanation:

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3 0
3 years ago
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Answer:

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3 years ago
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