Problem 20-4a agassi company uses a job order cost system in each of

  

Problem 20-4A

Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K.
 

In establishing the predetermined overhead rates for 2017, the following estimates were made for the year.

    

Department

   

D

E

K

 

Manufacturing   overhead

$1,200,000

$1,500,000

$900,000

 

Direct   labor costs

$1,500,000

$1,250,000

$450,000

 

Direct   labor hours

100,000

125,000

40,000

 

Machine   hours

400,000

500,000

120,000

 During January, the job cost sheets showed the following costs and production data.

    

Department

   

D

E

K

 

Direct   materials used

$140,000

$126,000

$78,000

 

Direct   labor costs

$120,000

$110,000

$37,500

 

Manufacturing   overhead incurred

$99,000

$124,000

$79,000

 

Direct   labor hours

8,000

11,000

3,500

 

Machine   hours

34,000

45,000

10,400

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.