Machining Department 60 15,000 Assembly Department 40 Total 100 Item Number of employees . Square footage. Monthly average wage per employee (direct and indirect). Overhead directly chargeable to department (excluding indirect labor). Materials used. Factory rent. Other building costs.. Payroll Department cost. Freight-in and other Receiving Department costs. 10,000 25,000 P 2,000 P 2,500 P90,000 60,000 ? P75,000 90,000 P165,000 150,000 33,000 60,000 18,000 ? ? ? ? ? ? 75,000 In each department, 80% of the employees are direct laborers. Overhead is charged to production on the basis of direct labor cost. The allocation basis for other data is as follows: all building costs, square footage: Payroll Department cost, number of employees; freight-in and other Receiving Department costs, materials used.
Machining Department 60 15,000 Assembly Department 40 Total 100 Item Number of employees . Square footage. Monthly average wage per employee (direct and indirect). Overhead directly chargeable to department (excluding indirect labor). Materials used. Factory rent. Other building costs.. Payroll Department cost. Freight-in and other Receiving Department costs. 10,000 25,000 P 2,000 P 2,500 P90,000 60,000 ? P75,000 90,000 P165,000 150,000 33,000 60,000 18,000 ? ? ? ? ? ? 75,000 In each department, 80% of the employees are direct laborers. Overhead is charged to production on the basis of direct labor cost. The allocation basis for other data is as follows: all building costs, square footage: Payroll Department cost, number of employees; freight-in and other Receiving Department costs, materials used.
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 11P: Overhead application rate Creole Manufacturing Inc. uses a job order cost system and standard costs....
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