Solution-Calculate the total manufacturing cost assigned to

Calculate the total manufacturing cost assigned to Job M

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Reference no: EM132467874

Problem - 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
Estimated total fixed manufacturing overhead cost	$11,000	$2,900	$13,900
Estimated variable manufacturing overhead cost per MH	$2.50	$5.00

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
Direct materials	$14,100	$7,900
Direct labor cost	$21,100	$7,900
Molding machine-hours	2,700	1,300
Finishing machine-hours	400	600

Required -

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the total manufacturing cost assigned to Job M?

Reference no: EM132467874

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Calculate the total manufacturing cost assigned to Job M

Reference no: EM132467874

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