Assume that x company has decided to switch to a

Reference no: EM13588439

Assume that X Company has decided to switch to a departmental allocation system. It has two departments and will use direct labor hours as the cost driver in Department 1 and machine hours as the cost driver in Department 2. The following are budgeted costs and driver amounts for these two departments in 2015:

	Department 1	Department 2
Overhead	$80,000	$48,000
Direct labor	$680,000	$850,000
Direct labor hours	40,000	50,000
Machine hours	120,000	130,000

Assume the following information for Product 1 in 2015:

	Department 1	Department 2
Direct labor	$13,566	$1,802
Direct labor hours	798	106
Machine hours	1,010	880

Using the departmental allocation system, how much overhead was allocated to Product 1 (round overhead rate(s) to the nearest cent and your final answer to the nearest dollar)?

Reference no: EM13588439

Questions Cloud

Question a rotating wheel requires290s to rotate through : question a rotating wheel requires2.90s to rotate through 37.0 revolutions. its angular speed at the end of the2.90s

Use a combinatorial argument to show that an an-1 an-2 : there is a row of n chairs each containing a student. let an be the number of ways to reassign seats so that each

Hartford research issues bonds dated january 1 2013 that : hartford research issues bonds dated january 1 2013 that pay interest semiannually on june 30 and december 31. the

Falstags brewery has estimated 63375 68625 and 73875 : falstags brewery has estimated 63375 68625 and 73875 budgeted costs for the manufacture of 3500 4500 and 5500 gallons

Assume that x company has decided to switch to a : assume that x company has decided to switch to a departmental allocation system. it has two departments and will use

Just rolling along inc was organized on may 1 2012 by two : just rolling along inc. was organized on may 1 2012 by two college students who recognized an opportunity to make money

Let e be the event that my two cards came from the same : i have two ordinary decks of cards 4 suits 13 denominations the usual the two decks have different back designs so i

A solenoid that has a length equal to 246 cm a radius equal : question a solenoid that has a length equal to 24.6 cm a radius equal to 0.842 cm and 374 turns is in a region where a

Fixed overhead and fixed selling and administrative costs : last year x company sold 58000 units of its only product. the following is budgeted per-unit information for next

User Account

All Pages