ices Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Datal Finishing Overhead cost Direct labor hours Machine hours Assembly $1,437,500 12,500 direct labor hours 5,500 machine hours $914,500 19,500 direct labor hours 15,500 machine hours QS 17-8 (Algo) Allocating overhead with departmental rates LO P2 Allocate overhead to a job that uses 75 direct labor hours in the Assembly department and uses 60 machine hours in the Finishing department Department Departmental Overhead Rate Hours Used Overhead Allocated Assembly Finishing Total $ 1,437.000 per direct labor hour 12.500 DLH $ 17.962.500,000 S 914.500 per direct labor hour 19 500 DLHS 17,832,750,000 $ 35.795.250.000
ices Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Datal Finishing Overhead cost Direct labor hours Machine hours Assembly $1,437,500 12,500 direct labor hours 5,500 machine hours $914,500 19,500 direct labor hours 15,500 machine hours QS 17-8 (Algo) Allocating overhead with departmental rates LO P2 Allocate overhead to a job that uses 75 direct labor hours in the Assembly department and uses 60 machine hours in the Finishing department Department Departmental Overhead Rate Hours Used Overhead Allocated Assembly Finishing Total $ 1,437.000 per direct labor hour 12.500 DLH $ 17.962.500,000 S 914.500 per direct labor hour 19 500 DLHS 17,832,750,000 $ 35.795.250.000
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 7P: Preparing a performance report Use the flexible budget prepared in P7-6 for the 31,000-unit level...
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