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Jordan Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Department Y Department X $180,000 $165,000 Factory overhead $225,000 $180,000 mh Machine-hours 51,000 40,000 mh Actual data for Job #10 Department X Department Y Direct materials requisitioned $10,000 $16,000 $11,000 $14,000 5,000 Direct labor cost Machine-hours mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department X. Compute the budgeted factory overhead rate for Department Y. а. b. с. What is the total overhead cost of Job 10? d. If Job 10 consists of 50 units of product, what is the unit cost of this job?

Jordan Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Department Y Department X $180,000 $165,000 Factory overhead $225,000 $180,000 mh Machine-hours 51,000 40,000 mh Actual data for Job #10 Department X Department Y Direct materials requisitioned $10,000 $16,000 $11,000 $14,000 5,000 Direct labor cost Machine-hours mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department X. Compute the budgeted factory overhead rate for Department Y. а. b. с. What is the total overhead cost of Job 10? d. If Job 10 consists of 50 units of product, what is the unit cost of this job?

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter16: Job Order Costing
Section: Chapter Questions
Problem 2CMA: John Sheng, a cost accountant at Starlet Company, is developing departmental factory overhead...
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Could you show me how to calculate those questions step by step, especially question 4, unit cost = $ total manufacturer cost/ 50 units right? how to calculate total manufacturer, please show me the details 

Jordan Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Department X $180,000 $165,000 Factory overhead $225,000 $180,000 mh Department Y Machine-hours 51,000 40,000 mh Actual data for Job #10 Department X Department Y Direct materials requisitioned $10,000 $16,000 $11,000 $14,000 5,000 Direct labor cost Machine-hours mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department X. Compute the budgeted factory overhead rate for Department Y. What is the total overhead cost of Job 10? а. b. с. d. If Job 10 consists of 50 units of product, what is the unit cost of this job?
Transcribed Image Text:Jordan Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Department X $180,000 $165,000 Factory overhead $225,000 $180,000 mh Department Y Machine-hours 51,000 40,000 mh Actual data for Job #10 Department X Department Y Direct materials requisitioned $10,000 $16,000 $11,000 $14,000 5,000 Direct labor cost Machine-hours mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department X. Compute the budgeted factory overhead rate for Department Y. What is the total overhead cost of Job 10? а. b. с. d. If Job 10 consists of 50 units of product, what is the unit cost of this job?
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