ACIS 2116 Extra Slides Feb. 13

ACIS 2116 Extra Slides Feb. 13 - Two Extra Problems ACIS...

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ACIS 2116 February 13, 2008 Two Extra Problems
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Test 1 Thursday, February 14 at 7:00 pm Bring a picture ID No cell phones allowed Bring a calculator – simple, non-programmable, 4 or 5 function
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Problem 5-50 Part E Crystal is considering the use of departmental overhead rates. Assume that the cost driver for the molding department is direct labor hours and that the cost driver for the firing department is machine hours. How much overhead would be applied to a job using 10 direct labor hours and 3 machine hours in the molding department and 4 direct labor hours and 2 machine hours in the firing department?
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Molding: $6,000 ÷ 200 DLH = $30 per DLH Firing: $6,000 ÷ 150 MH = $40 per MH Calculate departmental overhead rates first. Problem 5-50 Part E
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Molding: 10 DLH X $30 = $300 Firing: 2 MH X $40 = $80 Calculate applied overhead. Problem 5-50 Part E Total applied overhead = $300 + $80 = $380
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Another Problem Costs Incurred: Raw material purchased
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This note was uploaded on 03/18/2008 for the course ACIS 2116 taught by Professor Cmeasterwood during the Fall '08 term at Virginia Tech.

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ACIS 2116 Extra Slides Feb. 13 - Two Extra Problems ACIS...

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