For Bauer Manufacturing, what is the annual manufacturing ...

[Lisaclaire]

For Bauer Manufacturing, what is the annual manufacturing overhead cost-allocation rate for the Machining Department?
 
  Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 20X3, the following estimates were provided for the coming year:
 
   Machining Assembly
   Direct labor-hours 30,000 60,000
   Machine-hours 80,000 20,000
   Direct labor cost 500,000 900,000
   Manufacturing overhead costs 420,000 240,000
 
  The accounting records of the company show the following data for Job 316:
 
   Machining Assembly
   Direct labor-hours 120 70
   Machine-hours 60 5
   Direct material cost 300 200
   Direct labor cost 100 400
 
  A) 4.00
  B) 4.20
  C) 4.67
  D) 5.25

Question 2

The normal balance of the drawing account is a debit.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[sultansheikh]

Answer to Question 1

Answer: D

Answer to Question 2

True

[Lisaclaire]

Excellent

[juliaf]

TYSM