Find the total amount of overhead applied to job leaf

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Reference no: EM133176008

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

 

Customizing

Casting

Machine-hours (MH)

20,000

17,500

Direct labor-hours (DLH)

7,000

9,000

Total Fixed MOH

175,000

165,500

Variable MOH per MH


2.50

Variable MOH per DLH

9.00


During the current month, the company started and finished Job Leaf-118. The following data were recorded for this job:

Job Leaf-118

Customizing

Casting

Machine-hours

500

700

Direct labor-hours

100

450

Required -

1. Find the TOTAL AMOUNT of Overhead Applied to Job Leaf-118?

2. Find the amount of overhead applied in the CASTING DEPARTMENT to Job Leaf-118?

Reference no: EM133176008

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