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Splitsville Company Has Two Departments

Question 36

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Splitsville Company has two departments.Factory overhead costs are applied based on direct labor cost in Department A and machine hours in Department B.The following information is available:
Splitsville Company has two departments.Factory overhead costs are applied based on direct labor cost in Department A and machine hours in Department B.The following information is available:    Actual data for Job #10 are as follows:    Required:  A)Compute the budgeted factory overhead rate for Department A. B)Compute the budgeted factory overhead rate for Department B. C)What is the total overhead cost for Job #10? D)If Job #10 consists of 50 units of product,what is the unit cost of this job? Actual data for Job #10 are as follows:
Splitsville Company has two departments.Factory overhead costs are applied based on direct labor cost in Department A and machine hours in Department B.The following information is available:    Actual data for Job #10 are as follows:    Required:  A)Compute the budgeted factory overhead rate for Department A. B)Compute the budgeted factory overhead rate for Department B. C)What is the total overhead cost for Job #10? D)If Job #10 consists of 50 units of product,what is the unit cost of this job? Required:
A)Compute the budgeted factory overhead rate for Department A.
B)Compute the budgeted factory overhead rate for Department B.
C)What is the total overhead cost for Job #10?
D)If Job #10 consists of 50 units of product,what is the unit cost of this job?

Correct Answer:

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A)$225,000/$180,000 = 125% of direct lab...

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