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Author Question: Jordan Company has two departments, Assembly and Machining. Overhead is applied based on direct ... (Read 511 times)

HudsonKB16

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Jordan Company has two departments, Assembly and Machining. Overhead is applied based on direct labor cost in Department Assembly and machine-hours in Department Machining. The following additional information is available:

Budgeted AmountsAssemblyMachining
Direct labor cost$200,000$165,000
Factory overhead$300,000$180,000
Machine-hours51,000mh30,000mh
Actual data for Job #10AssemblyMachining
Direct materials requisitioned$10,000$16,000
Direct labor cost$11,000$14,000
Machine-hours5,000mh3,000mh

Required:
a.Compute the budgeted factory overhead rate for Assembly.
b.Compute the budgeted factory overhead rate for Machining.
c.What is the total overhead cost of Job 10?
d.If Job 10 consists of 50 units of product, what is the unit cost of this job? 


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Marked as best answer by HudsonKB16 on Mar 6, 2021

kthug

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