57000 2000 300000100000 63000 Mannitou Company made the following predictions

57000 2000 300000100000 63000 mannitou company made

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57,000 + [2,000 × (300,000/100,000)] = $63,000 Mannitou Company made the following predictions for 2016: Job A2 (which was started and completed in June) used 3,000 direct labor hours, 2,000 machine hours, and $57,000 of prime costs. Refer to Figure 4-4. If factory overhead is applied based on direct labor hours, the cost of Job A2 for the Mannitou Company is $75,000 CALCULATIONS: $57,000 + [3,000 × ($300,000/50,000)] = $75,000 The Gardenview Corporation has identified the following overhead costs and activity drivers for next year: Factory overhead costs $300,000 Direct labor hours 50,000 hours Machine hours 100,000 hours Factory overhead costs $300,000 Direct labor hours 50,000 hours Machine hours 100,000 hours
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The following are two of the jobs completed during the year: The company's normal activity is 2,000 direct labor hours. Refer to Figure 4-12. If the four activity drivers are used to allocate overhead costs, total overhead allocated to Job 6A would be 5030 SUPPORTING CALCULATIONS: Setups ($200,000/250) $800 per setup Ordering costs ($80,000/1,600) $50 per order Maintenance ($400,000/2,000) $200 per machine hour Power ($40,000/40,000) $1.00 per kilowatt hour Setups ($800 × 1) $ 800 Ordering costs ($50 × 4) 200 Maintenance ($200 × 20) 4,000 Power ($1.00 × 30) 30 Total overhead $5,030
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