Please Complete all partDo not give solution in image format The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a joborder costing system for its batch production processes. The St. Cloud plant has two departments through which mostjobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and humanresources, is budgeted at $200,000. During the past year, actual plantwide overhead was $190,000. Each department'soverhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data fromthe St. Cloud plant for the past year are as follows.Budgeted department overhead(excludes plantwide overhead)Actual department overheadExpected total activity:Direct labor hoursMachine-hoursActual activity:Direct labor hoursMachine-hoursDirect materialsDirect labor cost:Department A (2,000 hr)Department B (500 hr).Machine-hours projected:Department ADepartment BUnits produced$20,00030,0006,000Department1001,20010,000$ 100,000110,00050,00010,000$1,00010,500For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids forseveral jobs. Projected data pertaining only to job no. 110 are as follows.DepartmentB$ 500,000520,00010,00050,0009,00052,000d. Compute the under- or overapplied overhead for the St. Cloud plant for the year. (Round your intermediate calculations to 2decimal places.) The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a joborder costing system for its batch production processes. The St. Cloud plant has two departments through which mostjobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and humanresources, is budgeted at $200,000. During the past year, actual plantwide overhead was $190,000. Each department'soverhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data fromthe St. Cloud plant for the past year are as follows.Budgeted department overhead(excludes plantwide overhead)Actual department overheadExpected total activity:Direct labor hoursMachine-hoursActual activity:Direct labor hoursMachine-hoursDirect materialsDirect labor costiDepartment A (2,000 hr)Department(500 hr)Machine-hours projected:Department ADepartment BUnits produced$20,00030,0006,000Department1001,20010,000$100,000110,00050,00010,00051,00010,500DepartmentBFor the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids forseveral jobs. Projected data pertaining only to job no. 110 are as follows.$500,000520,00010,00050,0009,00052,000f. Would your response to part e change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 foranother job that could earn an incremental profit of $15,000?

Name: Please Complete all partDo not give solution in image format The Gilst
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Please Complete all partDo not give solution in image format The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a joborder costing system for its batch production processes. The St. Cloud