Using the reciprocal method, the applied factory overhead of the assembly department if it used 24,700 machine hours is closest to: Galinganmo Corp has two service departments and two producing departments. The following are data available for the year 2021: FOH cost Estimated Area Labor Hrs 2,900 1,100 Occupied 1,200 1,500 P129,000 105,000 416,000 380,000 The maintenance costs are allocated based on estimated labor hours Maintenance Security Cutting Assembly 2,000 1,900 3,200 1,600 and security is allocated based on space occupied. The producing department uses machine hours with 50,000 for cutting and 25,000 for assembly to determine the factory overhead rate. O P498,693 P259,350 O P502,645 P497,211 None of the above
Using the reciprocal method, the applied factory overhead of the assembly department if it used 24,700 machine hours is closest to: Galinganmo Corp has two service departments and two producing departments. The following are data available for the year 2021: FOH cost Estimated Area Labor Hrs 2,900 1,100 Occupied 1,200 1,500 P129,000 105,000 416,000 380,000 The maintenance costs are allocated based on estimated labor hours Maintenance Security Cutting Assembly 2,000 1,900 3,200 1,600 and security is allocated based on space occupied. The producing department uses machine hours with 50,000 for cutting and 25,000 for assembly to determine the factory overhead rate. O P498,693 P259,350 O P502,645 P497,211 None of the above
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 8E: A manufacturing company has two service and two production departments. Building Maintenance and...
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