![jessiegarrison1](/avatars/24231.jpg)
jessiegarrison1
03.06.2020 •
Business
Job costing, accounting for manufacturing overhead, budgeted rates. The Solomon Company uses a job-costing system at its Dover, Delaware, plant. The plant has a Machining Department and a Finishing Department. Solomon uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the Machining Department, with machine hours as the allocation base, and the Finishing Department, with direct manufacturing labor costs as the allocation base). The 2009 budget for the plant is as follows:
1. Prepare an overview diagram of Solomon’s job-costing system.
2. What is the budgeted overhead rate in the Machining Department In the Finishing Department?
3. During the month of January, the job-cost record for Job 431 shows the following:
Compute the total manufacturing overhead allocated to Job 43.
4. Assuming that Job 431 consisted of 200 units of product, what is the cost per unit?
5. Amounts at the end of 2009 are as follows:
Compute the under- or over allocated manufacturing overhead for each department and for the Dover plant as a whole.
6. Why might Solomon use two different manufacturing overhead cost pools in its job-costingsystem?
Solved
Show answers
More tips
- H Horoscopes, Magic, Divination How to Cast a Love Spell on a Guy? Guide for Guys...
- S Style and Beauty Tricks and Tips: How to Get Rid of Freckles...
- H Health and Medicine How to perform artificial respiration?...
- C Computers and Internet How to Get Rid of Windows Genuine Check?...
- F Food and Cooking The Disease That Haunted Abraham Lincoln...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- S Style and Beauty How are artificial nails removed?...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- F Family and Home How to Properly Use a Water Level?...
- L Legal consultation What Documents Are Required for a Russian Passport?...
Answers on questions: Business
- B Business Can someone answer these, I have no idea What forms of business ownership do you like? Why? ex: sole proprietorship2. What will be its advantages and disadvantages? 3. In deciding...
- B Business Hassan, an undocumented worker employed by Robco Warehouse, is routinely harassed because of his Middle Eastern ancestry. His supervisors and co-workers often refer to him as a terrorist...
- B Business You own a small real estate company in Indianapolis. You track the real estate properties you list for clients. You want to analyze sales for selected properties. Yesterday, you prepared...
- B Business Consider the following independent situations at December 31: a. On October 1, a business collected $3,000 rent in advance, debiting Cash and crediting Unearned Revenue. The tenant...
- B Business What is the difference between ordinal utility and cardinalutility? Ordinal utility refers to A. satisfaction when consumers are , while cardinal utility is satisfaction when consumers...
- B Business Equity Method Investment with Basis Differences Several Years LaterSaxton Corporation purchased 25 percent of Taylor Company s voting stock on January 1, 2013, for $3 million in cash....
- B Business The Jamesway Corporation had the following situations on December 2021. On December 10, 2021, Jamesway received a $4,800 payment from a customer for services begun on that date and...
- B Business Home Inspirations Mary works for her father in a family-owned business called Home Inspirations, a bedding company that has been in operation since the 1800s. When her father retires,...
- B Business Last year, XYZ Corporation incurred the following expenditures in the development of a new plant process: Salaries $250,000 Materials 90,000 Utilities 20,000 Quality control testing...
- B Biology The correct sequence for aerobic metabolic breakdown of glucose is:...
Ответ:
ok wat's the question
Explanation: