Opunui Corporation has two manufacturing departments--Molding and Finishing. The

Question

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates Molding Finishing 3,500 $ 3,100 $ 6.00 Total 10,000 $ 13,100 Estimated total machine-hours (MHs) Estimated total fixed manufacturing overhead cost 6,500 $ 10,000 Estimated variable manufacturing overhead cost per MH $ 3.00 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow Job M $14,300 8,000 $21,200 $8,100 4,000 1,000 Job A Direct materials Direct labor cost Molding machine-hours Finishing machine-hours 2,500 2,500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.)

Explanation / Answer

Estimated overhead: Molding 29500 =10000+(6500*3) Finishing 24100 =3100+(3500*6) Total overhead 53600 Estimated MH's 10000 Predetermined overhead rate 5.36 Job M Direct materials 8000 Direct labor cost 8100 Overhead applied 26800 =5000*5.36 Total manufacturing cost 42900

Related Questions

Navigate

• Browse (All)
• Browse O
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.