Info for question in attached images Answer Choices for Q1 a. $7,500 b. $10,830 c. $7,400 d. $25,730 Transcribed Image Text: Opunui Corporation has two manufacturing departments–Molding and Finishing. The

Info for question in attached images Answer Choices for Q1 a. $7,500 b. $10,830 c. $7,400 d. $25,730 Transcribed Image Text: Opunui Corporation has two manufacturing departments–Molding and Finishing. The company used the following data at the beginning of the year to calculate
predetermined overhead rates:
Molding
Finishing
Total
Estimated total machine-hours (MHS)
4,000
1,000
5,000
$19,600
$2,400
$22,000
Estimated total fixed manufacturing overhead cost
Estimated variable manufacturing overhead cost per machine-hour
$ 1.10
$ 2.10
During the most recent month, the company started and completed two jobs–Job A and Job M. There were no beginning inventories. Data concerning those two jobs
follow:
Job A
Job M
$13,600
$20,700
Direct materials
$7,500
Direct labor cost
$7,400
Molding machine-hours
Finishing machine-hours
2,700
1,300
400
600
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest
to: (Round your intermediate calculations to 2 decimal places.) Transcribed Image Text: Juanita Corporation uses a job-order costing system and applies overhead on the basis of direct labor cost. At the end of October, Juanita had one job still in process. The
job cost sheet for this job contained the following information:
Direct materials
$480
Direct labor
$150
Manufacturing overhead applied
$600
An additional $100 of labor was needed in November to complete this job. For this job, how much should Juanita have transferred to finished goods inventory in November
when it was completed?
Multiple Choice
$1,230
$1,330
$500
$1,730

Do you need us to help you on this or any other assignment?


Make an Order Now
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.