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Discuss how do determined departmental overhead rates

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Reference no: EM131762516

Molding Fabrication Total
Machine-hours 29,000 39,000 68,000
Fixed manufacturing overhead costs                  790,000                   260,000         1,050,000
Variable manufacturing overhead per machine-hour 6.1 6.1
Job A: Molding Fabrication Total
Direct materials cost 375,000 321,000 696,000
Direct labor cost 230,000 150,000 380,000
Machine-hours 19,000 10,000 29,000
Job B: Molding Fabrication Total
Direct materials cost 270,000 210,000 480,000
Direct labor cost 130,000 230,000 360,000
Machine-hours 10,000 29,000 39,000

 

How do determined departmental overhead rates for the molding and fabrication depts (can't quite arrive at the answer? followed by manufacturing costs and established bid prices for both depts at a 130% of total manufacturing costs for each job (a& b)

Reference no: EM131762516

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