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Megan Company has two departments, X and Y. Overhead is applied based on direct-labor hours in Department X and machine hours in Department Y. The following additionait information is available: BUDGETED AMOUNTS Department X Department Y Direct-Labor Hours 18,000 16,500 Machine Hours 51,000 40,000 Factory Overhead $225,000 $180,000 Actual Data for Job #10 Department X $10,000 $11,000 5,000 1,100 Department Y $16,000 $14,000 3,000 1,400 Direct materials Direct-labor cost Machine hours Direct-labor hours

Megan Company has two departments, X and Y. Overhead is applied based on direct-labor hours in Department X and machine hours in Department Y. The following additionait information is available: BUDGETED AMOUNTS Department X Department Y Direct-Labor Hours 18,000 16,500 Machine Hours 51,000 40,000 Factory Overhead $225,000 $180,000 Actual Data for Job #10 Department X $10,000 $11,000 5,000 1,100 Department Y $16,000 $14,000 3,000 1,400 Direct materials Direct-labor cost Machine hours Direct-labor hours

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 1EA: Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor...
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compute the budgeted factory overhead rate (i.e., the $ rate per activity base hour, etc.) for department y
Megan Company has two departments, X and Y. Overhead is applied based on direct-labor hours in Department X and machine hours in Denartment Y. The following additional information is available: BUDGETED AMOUNTS Department X Department Y Direct-Labor Hours 18,000 16,500 Machine Hours 51,000 40,000 Factory Overhead $225,000 $180,000 Actual Data for Job #10 |Department X $10,000 $11,000 5,000 1,100 |Department Y $16,000 $14,000 3,000 1,400 Direct materials Direct-labor cost Machine hours Direct-labor hours
Transcribed Image Text:Megan Company has two departments, X and Y. Overhead is applied based on direct-labor hours in Department X and machine hours in Denartment Y. The following additional information is available: BUDGETED AMOUNTS Department X Department Y Direct-Labor Hours 18,000 16,500 Machine Hours 51,000 40,000 Factory Overhead $225,000 $180,000 Actual Data for Job #10 |Department X $10,000 $11,000 5,000 1,100 |Department Y $16,000 $14,000 3,000 1,400 Direct materials Direct-labor cost Machine hours Direct-labor hours
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