Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used A. $2,060 B. $2,745 Assembly Department OC. $2,025 OD. $2,820 9 9 Sanding Department The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,500. What was the total cost of Job 542 ifLucas Industries used the departmental overhead rates to allocate manufacturing overhead? 6 7
Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments: Actual results Direct labor hours used Machine hours used A. $2,060 B. $2,745 Assembly Department OC. $2,025 OD. $2,820 9 9 Sanding Department The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,500. What was the total cost of Job 542 ifLucas Industries used the departmental overhead rates to allocate manufacturing overhead? 6 7
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 30P: Primera Company produces two products and uses a predetermined overhead rate to apply overhead....
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