Homework#03 Upgrade to macoS High Sierra Enjoy the latest technologies and retin

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Homework#03 Upgrade to macoS High Sierra Enjoy the latest technologies and retinements to your favarite apps eBook Calculator CEX.04.02 ALGO 2. CEX.04.04 ALG0 3. .04.06.ALGO .EX.04.11 ALGO 5. EX.04.13.ALGO 6. EX04.14.ALGO 7. EX.04.16.ALGO 8.EX.04.21.ALGO 9. PR.04.32 ALGO 10. PR.04.38 ALGO 11. CEX.04.08 Departmental Overhead Rates produces machine tools and currently uses a plantwide overhead rate, based on machine hours. Harry Whipple, the plant manager, has heard t overhead rates can offer significantly better cost assignments than can a plantwide rate. Mariposa has the following data for its two departments for the coming year Department A Department B $216,000 60,000 Overhead costs (expected) Normal activity (machine hours) Required: 1. Compute a predetermined overhead rate for the plant as a whole based on machine hours. $864,000 120,000 6 per machine hour 2. Compute predetermined overhead rates for each department using machine hours. Round your answers to one decimal place DepartmentA $ 7.2 per machine hour Department B3.6 per machine hour 3. Suppose that a machine tool (Product X75) used 70 machine hours from Department A and 160 machine hours from Department B. A second machine tool (Pro used 160 machine hours from Department A and 70 machine hours from Department 8. Compute the overhead cost assigned to each product using the plantwide computed in Requirement 1 Product X75 Product Y15 Plantwide $ 1,380 1,380v Repeat the computation using the departmental rates found in Requirement 2 Product X75 Product Y15 Deoartmental s 1.080 s 1,404 Previous Check My Work Progress: 6/11 items All work saved. Assignment Score: 73.32%

Explanation / Answer

Solution 1:

Predetermined overhead rate = Estimated overhead / estimated machine hours

= ($864,000 + $216,000) / (120000 + 60000) = $6 per machine hour

Solution 2:

Solution 3:

Solution 4:

If expected overhead cost of Department B is $432,000 then

New predetermined overhead rate = ($864,000 + $432,000) / 180000 = $7.20 per machine hour

Departmental overhead rate for department B= $432,000 / 60000 = $7.20

Compuation of departmental overhead rates - Mariposa Inc. Particulars Department A Department B Expected overhead $864,000.00 $216,000.00 Estimated machine hours 120000 60000 Departmental overhead rate per machine hour $7.20 $3.60

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