This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hill Manufacturing uses departmental cost driver rates to apply manufacturing overhead costs to ... (Read 173 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Mar 6, 2021
Hill Manufacturing uses departmental cost driver rates to apply manufacturing overhead costs to products. Manufacturing overhead costs are applied 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 2018, the following estimates were provided for the coming year:

MachiningAssembly
Direct labor-hours10,000dlh90,000dlh
Machine-hours100,000mh5,000mh
Direct labor cost$ 80,000$720,000
Manufacturing overhead costs$250,000$360,000

The accounting records of the company show the following data for Job #846:

MachiningAssembly
Direct labor-hours50dlh120dlh
Machine-hours170mh10mh
Direct material cost$2,700$1,600
Direct labor cost$ 400$ 900

Required:
a.Compute the manufacturing overhead allocation rate for each department.
b.Compute the total cost of Job #846.
c.Provide possible reasons why Hill Manufacturing uses two different cost allocation rates. 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by P68T on Mar 6, 2021

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


P68T

  • Member
  • Posts: 509
Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Use flat fingers to apply L strokes along lateral neck from below the ears toward the terminus and ... Use flat fingers to apply L strokes along lateral neck from below the ears toward the terminus and ...
Bidirectional Thumb Pressure on Plantar Surface. Apply bidirectional thumb pressure over the entire ... Bidirectional Thumb Pressure on Plantar Surface. Apply bidirectional thumb pressure over the entire ...
The Danger of Driver Fatigue The Danger of Driver Fatigue
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library