Fox Manufacturing is a small textile manufacturer using machine-hours as the single indirect cost allocation rate to allocate indirect manufacturing costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Maize High School Science Olympiad job.
Required:
a. For Fox Manufacturing, determine the annual manufacturing indirect cost allocation rate.
b. Determine the amount of manufacturing overhead costs allocated to the Maize High School job.
c. Determine the estimated total manufacturing costs for the Maize High School job.

Question

Fox Manufacturing is a small textile manufacturer using machine-hours as the single indirect cost allocation rate to allocate indirect manufacturing costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Maize High School Science Olympiad job.
  Required:
a. For Fox Manufacturing, determine the annual manufacturing indirect cost allocation rate.
b. Determine the amount of manufacturing overhead costs allocated to the Maize High School job.
c. Determine the estimated total manufacturing costs for the Maize High School job.

Quizplus · Accepted Answer

The Answer of Fox Manufacturing is a small textile manufacturer using machine-hours as the single indirect cost allocation rate to allocate indirect manufacturing costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Maize High School Science Olympiad job.
  Required:
a. For Fox Manufacturing, determine the annual manufacturing indirect cost allocation rate.
b. Determine the amount of manufacturing overhead costs allocated to the Maize High School job.
c. Determine the estimated total manufacturing costs for the Maize High School job.

Fox Manufacturing Is a Small Textile Manufacturer Using Machine-Hours as the Single