Cast Iron Fabrication allocates manufacturing overhead to each job using departmental overhead rates. The company's operations are divided into a casting department and a finishing department. The casting department uses a departmental overhead rate of $54 per machine hour, while the finishing department uses a departmental overhead rate of $27 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used Casting Department OA. $1,566 OB. $486 O C. $614 D. $459 8 2 Finishing Department 13 5 The cost for direct labor is $37 per direct labor hour and the cost of the direct materials used by Job A216 is $1,800. How much manufacturing overhead would be allocated to Job A216 using the departmental overhead rates?

Cast Iron Fabrication allocates manufacturing overhead to each job using departmental overhead rates. The company's operations are divided into a casting department and a finishing department. The casting department uses a departmental overhead rate of $54 per machine hour, while the finishing department uses a departmental overhead rate of $27 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used Casting Department OA. $1,566 OB. $486 O C. $614 D. $459 8 2 Finishing Department 13 5 The cost for direct labor is $37 per direct labor hour and the cost of the direct materials used by Job A216 is $1,800. How much manufacturing overhead would be allocated to Job A216 using the departmental overhead rates?

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Description: 7 Cast Iron Fabrication allocates manufacturing overhead to each job using departmental overhead rates. The company'soperations are divided into a casting department and a finishing department. The casting department uses adepartmental overhead rate

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter18: Activity-based Costing

Section: Chapter Questions

Problem 2PA: The management of Gwinnett County Chrome Company, described in Problem 1A, now plans to use the...

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