i can figure this one out i would love some help thanks is c

i can figure this one out, i would love some help, thanks

is correct or incorrect for the work you have completed so far. It does not indicate completion. Check my work mode : This shows what Return to queation Problem 2-16 Plantwide Predetermined Overhead Rates; Pricing [LO2-1, LO2-2, LO2-3) Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates Direct lebor-hours required to support estimeted production Machine-hours required to support estinated production Fixed nanufecturing overhead cost Variable nanufacturing overhead cost per direct labor-hour Vartable nanufacturing overhead cost per machine-hour 128,8e3 Ge, 8e0 5 336,809 $3.6e During the year Job 550 was started and completed. The following information is avalable with respect to this job: Direct naterials Direct-labar cost Direct labor-hours /achine-urs 5 206 s 238 Required 1 Assume that Landen has histórically used e plantwide predetermined overhedd rase wth clrect labor-hours as the allocation base Under this epproach a Compute the plantwide predetermined overhead rate o compure the tctal maniufacturing cost of Joo 550 ses e marc o per certeae of 200% of its totai ma ufacturing cost that sell ina otice would\'it establish for Job 550 Prev

Solution

1.

A. Predetermined rate : 6.40

B. Total manufacturing cost of job 550 : 540

Direct material : 206

Direct labour : 238

Manufacturing

Overhead. :. 96 (15*6.4)

Total. : 540

C. Selling price : 540+1080 = 1620

2. Machiner hours

Predetermined overhead rate : 12.8 ( 12000*3.6 + 336000)/60000

B. Total manufacturing cost of job 550 : 508

Direct material : 206

Direct labour : 238

Manufacturing oh : 64

Total cost : 508

C. Selling price : 1524..

Give a thums up and let me know if it was helpful.

 i can figure this one out, i would love some help, thanks is correct or incorrect for the work you have completed so far. It does not indicate completion. Chec

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site