Ask Experts Questions for FREE Help !
Ask
    hellothere514's Avatar
    hellothere514 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 22, 2011, 11:24 AM
    Using the departmental predetermined overhead rates to allocate overhead to jobs
    Lands Co. uses departmental predetermined overhead rates for allocating overhead to jobs. The rates are based on machine hours for the Filling department and on direct labor cost for the Packaging department. The company estimated the following for 2011:
    Filling Packaging
    Manufacturing overhead cost $5,000,000 $4,000,000
    Machine hours 250,000 100,000
    Direct labor cost $600,000 $2,000,000

    During the month of April, the cost record for Job 64 shows:
    Filling Packaging
    Direct materials $45,000 $35,000
    Direct labor cost $6,000 $5,250
    Machine hours 1,200 550

    Required: a)Assuming the Job 64 manufactured 500 units of product, what is the unit cost of Job 64?
    kcomissiong's Avatar
    kcomissiong Posts: 1,166, Reputation: 276
    Ultra Member
    		  
    #2

    Mar 18, 2011, 07:59 AM
    Please read the rules regarding homework HERE. We can help you if you are having trouble but you have to show that you attempted the work.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Predetermined overhead [ 2 Answers ]

Activity. Cost pool Est. overhead cost Expected activity Labor related $48,000 20,000 direct labor-hours...

Plantwide versus departmental overhead rate, are these calculated differently? [ 1 Answers ]

Plantwide versus departmental overhead rate, are these calculated differently?

Predetermined Overhead Rate & Overhead Applied [ 1 Answers ]

B3 Company is a manufacturing firm that uses job-order costing. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 24,000 machine-hours and incur $216,000 in manufacturing overhead...

Predetermined overhead rates [ 1 Answers ]

How do I calculate predetermined overhead rates

View more questions Search