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 2018, the following estimates were provided for the coming year: machining assembly direct labor-hours 80,000 40,000 machine-hours 20,000 20,000 direct labor cost $550,000 $900,000 manufacturing overhead costs $480,000 $280,000 the accounting records of the company show the following data for job #316: machining assembly direct labor-hours 120 55 machine-hours 50 5 direct material cost $250 $150 direct labor cost $125 $375 what are the total manufacturing costs of job #316?
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Ответ:
The value of the total manufacturing costs of Job #316 will be $2,485.
Based on the information given, firstly, we need to calculate the direct material cost which will be:
= Machining direct material cost + assemble direct material cost
= $250 + $150
= $400
The direct labor cost will be:
= Machining direct labor cost + assemble direct labor cost
= $125 + $375
= $500
The machining overhead cost will be calculated as:
= Manufacturing overhead costs / machine hours
= $480,000 / 20,000
= $24
The total machining overhead cost will be: = $24 × 50 = $1,200
The assembly overhead cost will be calculated thus:
= Manufacturing overhead costs / direct labor hours
= $280,000 / 40,000
= $7
The total assembly overhead cost will be: = $7 × 55 = $385
Now, the total manufacturing cost will be:
= Direct material cost + direct labor cost + manufacturing overhead cost
= $400 + $500 + $1,200 + $385
= $2,485
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Ответ:
The total manufacturing costs of Job #316 is $2,485
Explanation:
As we know that,
The total manufacturing cost = Direct material cost + direct labor cost + manufacturing overhead cost
where,
Direct material cost = Machining direct material cost + assemble direct material cost
= $250 + $150
= $400
The direct labor cost = Machining direct labor cost + assemble direct labor cost
= $125 + $375
= $500
The machining overhead cost equals to
= Manufacturing overhead costs ÷ machine hours
= $480,000 ÷ 20,000
= $24
So, the cost = $24 × 50 = $1,200
And, The assembly overhead cost equals to
= Manufacturing overhead costs ÷ direct labor hours
= $280,000 ÷ 40,000
= $7
So, the cost = $7 × 55 = $385
Now put these values to the above formula
So, the value equals to
= $400 + $500 + $1,200 + $385
= $2,485
Ответ:
biomass
Explanation: