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Ludmilka [50]
3 years ago
10

Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho

urs. The company based its predetermined overhead rate for the current year on 66,000 direct labor-hours, total fixed manufacturing overhead cost of $99,000, and a variable manufacturing overhead rate of $4.50 per direct labor-hour. Recently Job X387 was completed and required 220 direct labor-hours.
Required:
Calculate the amount of overhead applied to Job X387. (Do not round intermediate calculations.)
Business
1 answer:
NNADVOKAT [17]3 years ago
4 0

Answer:

Allocated MOH= $1,320

Explanation:

Giving the following information:

Estimated fixed overhead= $99,000

Estimated variable overhead= $4.5 per unit

Estimated direct labor hour= 66,000

Recently Job X387 was completed and required 220 direct labor-hours.

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (99,000/66,000) + 4.5

Predetermined manufacturing overhead rate= $6 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 6*220

Allocated MOH= $1,320

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Complete question:

__________ is the analysis and redesign of workflow within and between enterprises.

Multiple Choice

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5 0
2 years ago
Perhaps the greatest risk for a company that chooses to pursue an integrated low cost/differentiation strategy is that it will
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6 0
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4 0
3 years ago
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Answer:

1) 18.4%

2) 27.20%

Explanation:

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5 0
3 years ago
Custom Engines Company has the following estimated costs for the upcoming​ year:
Lelechka [254]

Answer:

$22

Explanation:

The computation of the predetermined manufacturing overhead rate per hour is shown below:

= Total Factory overhead ÷ Estimated labor hours

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