Problem05-58

Problem05-58 - Bid price b. Sequential method: Allocation...

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Problem 5-58 Name: In the shaded cells, enter the appropriate amount or formula, or select from the drop-down list. An asterisk (*) will appear in the column to the right or below of an incorrect amount. 1. a. Direct method: Allocation ratios: Drilling Assembly Machine hours Kilowatt-hours Cost assignment: Drilling Direct overhead costs Maintenance: Cost x Rate Drilling Assembly Power: Drilling Assembly Totals Dept. OH / Hours = Rate Drilling overhead rate per ma Assembly overhead rate per DL Prime costs Rate x Hours Drilling Assembly Total cost Markup
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Unformatted text preview: Bid price b. Sequential method: Allocation ratios: Maintenance Power Drilling Machine hours Kilowatt-hours Maintenance Direct overhead costs Power: Cost x Rate Maintenance Drilling Assembly Maintenance: Drilling Assembly Totals Dept. OH / Hours = Rate Drilling overhead rate per ma Assembly overhead rate per DL Prime costs Rate x Hours Drilling Assembly Total cost Markup Bid price 2. is more accurate. Assembly achine hour H Assembly Power Drilling Assembly achine hour H...
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Problem05-58 - Bid price b. Sequential method: Allocation...

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