Solution-Compute amount of overhead applied in forming

Compute amount of overhead applied in forming department

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Reference no: EM132844203

Question - Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly 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:

	Forming	Assembly
Machine-hours	20,000	15,000
Direct labor-hours	2,000	7,000
Total fixed manufacturing overhead cost	$138,000	$58,100

Variable manufacturing overhead per machine-hour $2.30

Variable manufacturing overhead per direct labor-hour $3.00

During the current month the company started and finished Job A460. The following data were recorded for this job:

Job A460:	Forming	Assembly
Machine-hours	80	10
Direct labor-hours	30	50

Required - Compute the amount of overhead applied in the Forming Department to Job A460?

A) $184,000.00

B) $184.00

C) $736.00

D) $664.00

Reference no: EM132844203

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Compute amount of overhead applied in forming department

Reference no: EM132844203

Reference no: EM132844203

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