Jordan Company has two departments, Assembly and Machining. Overhead is applied based on direct labor cost in Department Assembly and machine-hours in Department Machining. The following additional information is available:

Required:
a.Compute the budgeted factory overhead rate for Assembly.
b.Compute the budgeted factory overhead rate for Machining.
c.What is the total overhead cost of Job 10?
d.If Job 10 consists of 50 units of product, what is the unit cost of this job?

Question

Jordan Company has two departments, Assembly and Machining. Overhead is applied based on direct labor cost in Department Assembly and machine-hours in Department Machining. The following additional information is available:
  
Required:
a.Compute the budgeted factory overhead rate for Assembly.
b.Compute the budgeted factory overhead rate for Machining.
c.What is the total overhead cost of Job 10?
d.If Job 10 consists of 50 units of product, what is the unit cost of this job?

Quizplus · Accepted Answer

The Answer of Jordan Company has two departments, Assembly and Machining. Overhead is applied based on direct labor cost in Department Assembly and machine-hours in Department Machining. The following additional information is available:
  
Required:
a.Compute the budgeted factory overhead rate for Assembly.
b.Compute the budgeted factory overhead rate for Machining.
c.What is the total overhead cost of Job 10?
d.If Job 10 consists of 50 units of product, what is the unit cost of this job?

Jordan Company Has Two Departments, Assembly and Machining