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Determine the predetermined allocation rate for department x

Assignment Help Managerial Accounting
Reference no: EM132610556

Northwest Manufacturing Company has the following departments with the following data:

Budget departmental annual data

Direct labor costs: Department X $180,000 Department Y $165,000

Indirect manufacturing costs: Department X $225,000 Department Y 180,000

Machine hours:

Department X 51,000 Department Y 40,000

Actual data for Job 202

Direct material costs: Department X $10,000 Department Y $16,000

Direct labor costs: Department X $11,000 Department Y $14,000

Machine hours: Department X 5,000 Department Y 3,000

Required:

Question 1. Determine the predetermined allocation rate for department X.

Question 2. Determine the predetermined allocation rate for department Y.

Question 3. Determine the amount of indirect manufacturing costs allocated to Job 202.

Question 4. Assume that Job 202 is comprised of 50 finished units. Determine the total manufacturing cost per unit of Job 202.

Reference no: EM132610556

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