Archid,Inc. ,a manufacturer of spare parts,has two production departments-Assembling and Packaging.The Assembling department is mechanized,while the Packaging department is labor oriented.Estimated manufacturing overhead costs for the year were $19,300,000 for Assembling and $13,900,000 for Packaging.Calculate the department predetermined overhead allocation rates for the Assembling and Packaging departments,respectively,if the total estimated machine hours were 30,000 and labor hours were 20,000 for the year.(Round your answer to the nearest cent. )
A) $965.00,$463.33
B) $643.33,$695.00
C) $463.33,$965.00
D) $643.33,$965.00
Correct Answer:
Verified
Q24: Why is using a single plantwide predetermined
Q26: Which of the following would most likely
Q27: Myoung Company,a manufacturer of small appliances,had
Q30: An activity-based costing system is developed in
Q31: In the first step in developing an
Q33: Traditional costing provides more detailed information on
Q34: In the first step in developing an
Q35: What is activity-based management? How is it
Q47: Activity-based costing focuses on a single predetermined
Q50: Traditional costing systems employ multiple allocation rates
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents