Isanesons Fine Fumishinga manufactures upacae ctom fumituro. Isaacson\'s eurrent

Question

Isanesons Fine Fumishinga manufactures upacae ctom fumituro. Isaacson's eurrently uses a plantwide overhead rate based on direet labor hours to allocale ta $1450,00D o manufacturing overhead to individual jobs However, Di Gilo, owner and CEO, is considering refining the compatyscosting systa by uang departmental o erne d raos urrent y, the Machining Department inou s $730.000 o manu c un ng owe head hic the Finish Department ncurs $ 20,0 of manu act overmoed. ano nas ident ed machina hours MH a the pn ary maru act nng ove o d cos d verin e Mach nrg Department and dieet labar (DL) hours the primary tual driver Frishing DepartmenL (Cliok the icon to viow the job information.) Requirement 1. Compulete plantwide overhwad rate assuming that Isaacson's expecs to incur 25,000 tlal DL hours during the yewr. First idontity tho fermula, then computo the rato. (Round your anawor to the naarost wholo dolar.) Total manufacturing overhead Cost alocstion base (estimaled)Plantwide oerhead rae 25,000 Ruquire mens 2. Compute depart wdal owerhead rates nsum,ng that 188acson's expects to reur 14,000 M in th" Machanng Department and 16,000 DL hours n th" Fnanang Department during the year First identify the formula, then compute the rate for each department. (Round your answers to the nearest whole dollar. Mone Info Total department overheadCost alocation base (estimaled)vorhoad rato 730,000 4,800 -$ 50 per mach. hour 45 per DL hour The Isancson's plant completed Jobs 450 and 455 on May 15. Both jbs inourrod a total of G DL houns throughout tho ontro producton proooaa. Job 450 incured 2 MH in the Machining Department and 5OL hours in the Finiahing Dopartment (the other DL hour ocourred in the Machining Department). Job 45 incumed 5MH in the Machining Department and4 DL hours in the Finishing Department the other two DL hours cecurred in the MaohiningS 20,000 16,000 Finiahing Raquirement 3. saacson's condnues to use the plantwido overead rate, how much manufacturing overhead would be alocatad to Job 450 and Job 4557 First idonoty tho formula, then oalou ate the amount of manutacturing overhood that wouid be al ocated to tho jobs if the plantwide averhood rato is usod. (Round your answers to the nearcat whole dollar.] Manufacturing cverhead Plantwide coverhead rale Actual use of loaation bie Print Done Jab 450 Job 455 Raquirement 4. saacson's usdepartmental overhead rate, how much manufactuting oveehaad woud be alocated to Jab 450 and Jeb 4557 uoo tho following tablo 10 caloulato tno amount of manufacturing ovomoad tat would DO 1000tod to te jobs if the dop artmontal oworh0ad rates aro ueod.(Round yur answers to to noareat whole dollar. 58 Finishing Total ovorhoad alooston

Explanation / Answer

Job 450 Job 455 Machining 100 250 Finishing 225 180 Total overhead allocation 325 430

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