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243
186) Janicki Corporation has two manufacturing departments--Machining and Customizing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Customizing
Total
Estimated total machine-hours (MHs)
1,000
9,000
10,000
Estimated total fixed manufacturing overhead
cost
$
4,800
$
23,400
$
28,200
Estimated variable manufacturing overhead cost
per MH
$
1.10
$
2.50
During the most recent month, the company started and completed two jobs--Job A and Job J.
There were no beginning inventories. Data concerning those two jobs follow:
Job A
Job J
Direct materials
$
12,000
$
7,700
Direct labor cost
$
20,700
$
6,400
Machining machine-hours
700
300
Customizing machine-hours
3,600
5,400
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on
machine-hours and uses a markup of 50% on manufacturing cost to establish selling prices. The
calculated selling price for Job J is closest to:
A) $71,983
B) $65,439
C) $43,626
D) $21,813
187) Janicki Corporation has two manufacturing departments--Machining and Customizing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Customizing
Total
Estimated total machine-hours (MHs)
1,000
9,000
10,000
Estimated total fixed manufacturing overhead
cost
$
4,800
$
23,400
$
28,200
Estimated variable manufacturing overhead cost
per MH
$
1.10
$
2.50
During the most recent month, the company started and completed two jobs--Job A and Job J.
There were no beginning inventories. Data concerning those two jobs follow:
Job A
Job J
Direct materials
$
12,000
$
7,700
Direct labor cost
$
20,700
$
6,400
Machining machine-hours
700
300
Customizing machine-hours
3,600
5,400
Assume that the company uses departmental predetermined overhead rates with machine-hours
as the allocation base in both production departments. Further assume that the company uses a
markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for
Job A is closest to:
A) $27,595
B) $87,752
C) $82,785
D) $55,190
188) Janicki Corporation has two manufacturing departments--Machining and Customizing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Customizing
Total
Estimated total machine-hours (MHs)
1,000
9,000
10,000
Estimated total fixed manufacturing overhead
cost
$
4,800
$
23,400
$
28,200
Estimated variable manufacturing overhead cost
per MH
$
1.10
$
2.50
During the most recent month, the company started and completed two jobs--Job A and Job J.
There were no beginning inventories. Data concerning those two jobs follow:
Job A
Job J
Direct materials
$
12,000
$
7,700
Direct labor cost
$
20,700
$
6,400
Machining machine-hours
700
300
Customizing machine-hours
3,600
5,400
Assume that the company uses departmental predetermined overhead rates with machine-hours
as the allocation base in both production departments. Further assume that the company uses a
markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for
Job J is closest to:
A) $65,115
B) $67,720
C) $21,705
D) $43,410
250
189) Comans Corporation has two production departments, Milling and Customizing. The
company uses a job-order costing system and computes a predetermined overhead rate in each
production department. The Milling Department's predetermined overhead rate is based on
machine-hours and the Customizing Department's predetermined overhead rate is based on direct
labor-hours. At the beginning of the current year, the company had made the following
estimates:
Milling
Customizing
Machine-hours
18,000
13,000
Direct labor-hours
4,000
7,000
Total fixed manufacturing overhead cost
$
113,400
$
64,400
Variable manufacturing overhead per machine-hour
$
1.60
Variable manufacturing overhead per direct labor-hour
$
3.90
During the current month the company started and finished Job A319. The following data were
recorded for this job:
Job A319:
Milling
Customizing
Machine-hours
60
10
Direct labor-hours
20
60
Direct materials
$
655
$
305
Direct labor cost
$
400
$
1,200
The amount of overhead applied in the Milling Department to Job A319 is closest to:
A) $142,200.00
B) $552.00
C) $96.00
D) $474.00
252
190) Comans Corporation has two production departments, Milling and Customizing. The
company uses a job-order costing system and computes a predetermined overhead rate in each
production department. The Milling Department's predetermined overhead rate is based on
machine-hours and the Customizing Department's predetermined overhead rate is based on direct
labor-hours. At the beginning of the current year, the company had made the following
estimates:
Milling
Customizing
Machine-hours
18,000
13,000
Direct labor-hours
4,000
7,000
Total fixed manufacturing overhead cost
$
113,400
$
64,400
Variable manufacturing overhead per machine-hour
$
1.60
Variable manufacturing overhead per direct labor-hour
$
3.90
During the current month the company started and finished Job A319. The following data were
recorded for this job:
Job A319:
Milling
Customizing
Machine-hours
60
10
Direct labor-hours
20
60
Direct materials
$
655
$
305
Direct labor cost
$
400
$
1,200
The amount of overhead applied in the Customizing Department to Job A319 is closest to:
A) $234.00
B) $786.00
C) $552.00
D) $91,700.00
191) Comans Corporation has two production departments, Milling and Customizing. The
company uses a job-order costing system and computes a predetermined overhead rate in each
production department. The Milling Department's predetermined overhead rate is based on
machine-hours and the Customizing Department's predetermined overhead rate is based on direct
labor-hours. At the beginning of the current year, the company had made the following
estimates:
Milling
Customizing
Machine-hours
18,000
13,000
Direct labor-hours
4,000
7,000
Total fixed manufacturing overhead cost
$
113,400
$
64,400
Variable manufacturing overhead per machine-hour
$
1.60
Variable manufacturing overhead per direct labor-hour
$
3.90
During the current month the company started and finished Job A319. The following data were
recorded for this job:
Job A319:
Milling
Customizing
Machine-hours
60
10
Direct labor-hours
20
60
Direct materials
$
655
$
305
Direct labor cost
$
400
$
1,200
If the company marks up its manufacturing costs by 20% then the selling price for Job A319
would be closest to:
A) $5,042.00
B) $4,584.00
C) $3,820.00
D) $764.00
256
192) Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
5,000
5,000
10,000
Estimated total fixed manufacturing overhead cost
$
26,500
$
13,500
$
40,000
Estimated variable manufacturing overhead cost
per MH
$
2.00
$
3.00
During the most recent month, the company started and completed two jobs--Job C and Job L.
There were no beginning inventories. Data concerning those two jobs follow:
Job C
Job L
Direct materials
$
12,500
$
8,200
Direct labor cost
$
20,200
$
6,400
Machining machine-hours
3,400
1,600
Finishing machine-hours
2,000
3,000
Assume that the company uses departmental predetermined overhead rates with machine-hours
as the allocation base in both production departments. The manufacturing overhead applied to
Job L is closest to:
A) $11,680
B) $28,780
C) $17,100
D) $29,900
193) Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Finishing
Total
Estimated total machine-hours (MHs)
5,000
5,000
10,000
Estimated total fixed manufacturing overhead cost
$
26,500
$
13,500
$
40,000
Estimated variable manufacturing overhead cost
per MH
$
2.00
$
3.00
During the most recent month, the company started and completed two jobs--Job C and Job L.
There were no beginning inventories. Data concerning those two jobs follow:
Job C
Job L
Direct materials
$
12,500
$
8,200
Direct labor cost
$
20,200
$
6,400
Machining machine-hours
3,400
1,600
Finishing machine-hours
2,000
3,000
Assume that the company uses departmental predetermined overhead rates with machine-hours
as the allocation base in both production departments. Further assume that the company uses a
markup of 20% on manufacturing cost to establish selling prices. The calculated selling price for
Job C is closest to:
A) $87,666
B) $68,920
C) $13,784
D) $82,704
194) Collini Corporation has two production departments, Machining and Customizing. The
company uses a job-order costing system and computes a predetermined overhead rate in each
production department. The Machining Department's predetermined overhead rate is based on
machine-hours and the Customizing Department's predetermined overhead rate is based on direct
labor-hours. At the beginning of the current year, the company had made the following
estimates:
Machining
Customizing
Machine-hours
17,000
15,000
Direct labor-hours
3,000
6,000
Total fixed manufacturing overhead cost
$
102,000
$
61,200
Variable manufacturing overhead per machine-hour
$
1.70
Variable manufacturing overhead per direct labor-hour
$
4.10
During the current month the company started and finished Job T268. The following data were
recorded for this job:
Job T268:
Machining
Customizing
Machine-hours
80
30
Direct labor-hours
30
50
Direct materials
$
720
$
380
Direct labor cost
$
900
$
1,500
The total amount of overhead applied in both departments to Job T268 is closest to:
A) $616
B) $715
C) $2,046
D) $1,331
