User Account

All Pages

How much manufacturing overhead would applied to job bravo

Assignment Help Cost Accounting
Reference no: EM132596626

Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year--Job Bravo.

Estimated Data                                    Assembly                       Fabrication                     Total

Manufacturing overhead costs            $3,960,000                $4,400,000                  $8,360,000

Direct labor-hours                           110,000                         66,000                        176,000

Machine-hours                                 44,000                           220,000                    264,000

Job Bravo                           Assembly                       Fabrication               Total

Direct labor-hours                 23                                15                     38

Machine-hours                      15                                18                            33

Required:

Question 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo?

Question 2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo?

Reference no: EM132596626

Questions Cloud

Is equity financing superior to debt financing : Is equity financing superior to debt financing? Does it better serve the objectives of Shariah (Islamic Law)?
Calculate the total cost for each alternate order quantities : How to calculate the total cost for each alternate order quantities including the current policy. how to calculate the EOQ based on the formula.
Islamic financial institutions to default : Discuss corporate governance issues that may result an Islamic Financial Institutions to default.
What is the current market price of the asi stock : Applied Sink Inc. (ASI) just paid a dividend of $2.50 per share. Its dividends are expected to grow at 18% a year for the next years
How much manufacturing overhead would applied to job bravo : If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo?
Compounded monthly for both of savings : Mr Ali has been saving RM650 every month in ABC Bank for the past 6 years. On the other hand, Ms Siti has been saving RM500 every month
Which supplier should xz bearings go with assuming : Total cost and EOQ , which supplier should XZ Bearings go with assuming that the quality of metal bars are same from both Supplier A and B.
Which components of inventory holding costs are applicable : Which components of inventory holding costs are applicable to private sector holding cost calculations, but not government holding cost calculations?
What is the par value of share after the share split : Direct labor peso cost, and 40% of the overhead is fixed cost. A decision to manufacture component X will result in a gain or (loss) for each component of?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd