Unformatted text preview: hours total $143,400 Northstar expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 3,000 parts, require 10 setups, and consume 2,000 hours of finishing time. Job 1 actually used 150 parts, required 1 setup, and consumed 120 finishing hours. Job 2 actually used 425 parts, required 2 setups, and consumed 320 finishing hours. 1) If Northstar allocated overhead based only on the number of setups, how much overhead would be allocated to each job? 2) Compute the cost allocated rate for EACH activity. 3) Compute the manufacturing overhead cost allocated to job 1. 4) Compute the manufacturing overhead cost allocated to job 2....
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- Fall '08
- Managerial Accounting, Book of Job, NorthStar, cost allocated rate