Janicki Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: During the most recent month, the company started and completed two jobs--Job A and Job J. There were no beginning inventories. Data concerning those two jobs follow:
Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to: (Round your intermediate calculations to 2 decimal places.)

Question

Janicki Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:  During the most recent month, the company started and completed two jobs--Job A and Job J. There were no beginning inventories. Data concerning those two jobs follow:
 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to: (Round your intermediate calculations to 2 decimal places.)

Quizplus · Accepted Answer

Machining Department predetermined overhead rate:
 11eacbfc_c733_33ba_8ffe_cb99abf66e80_TB7552_00 Customizing Department predetermined overhead rate:
 11eacbfc_c733_33bb_8ffe_a3a2b0c036b6_TB7552_00 Manufacturing overhead applied to Job A:
 11eacbfc_c733_5acc_8ffe_6f6c1289f34c_TB7552_00 The selling price for Job A would be calculated as follows:
 11eacbfc_c733_5acd_8ffe_cb64b47f8482_TB7552_00

Janicki Corporation Has Two Manufacturing Departments--Machining and Customizing