Question

Mike's Inc. has Total Estimated MOH for Assembly and Testing Departments of $560,000 and $340,000, respectively, Mike Company uses departmental predetermined overhead rates based on machine-hours. Estimated machine hours for Assembly and Testing Departments are 20,000 and 30,000 hours respectively. During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs-Job A-20 and Job D-150. It provided the following information related to those two jobs: Job A-20 Assembly Testing Total Direct Material Cost $380,000 $330,000 $710,000 Direct Labor Cost $240,000 $160,000 $400,000 Actual Machine-Hours 16,000 6,000 22,000 Job D-150 Assembly Testing Total Direct Material Cost $260,000 $300,000 $560,000 Direct Labor Cost $140,000 $280,000 $420,000 Actual Machine-Hours 6,000 24,000 30,000 Compute the total manufacturing cost assigned to Job A-20. $2,685,320 $1,600,000 $1,625,980 $2,419,320

          Mike's Inc. has Total Estimated MOH for Assembly and Testing Departments of $560,000 and $340,000, respectively, Mike Company uses departmental predetermined overhead rates
based on machine-hours. Estimated machine hours for Assembly and Testing Departments are 20,000 and 30,000 hours respectively.
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs-Job A-20 and Job D-150. It provided the following information
related to those two jobs:
Job A-20
Assembly	Testing	Total
Direct Material Cost	$380,000	$330,000	$710,000
Direct Labor Cost	$240,000	$160,000	$400,000
Actual Machine-Hours	16,000	6,000	22,000
Job D-150
Assembly	Testing	Total
Direct Material Cost	$260,000	$300,000	$560,000
Direct Labor Cost	$140,000	$280,000	$420,000
Actual Machine-Hours	6,000	24,000	30,000
Compute the total manufacturing cost assigned to Job A-20.
$2,685,320
$1,600,000
$1,625,980
$2,419,320

Mike's Inc. has Total Estimated MOH for Assembly and Testing Departments of 560,000 and340,000, respectively, Mike Company uses departmental predetermined overhead rates
based on machine-hours. Estimated machine hours for Assembly and Testing Departments are 20,000 and 30,000 hours respectively.
During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs-Job A-20 and Job D-150. It provided the following information
related to those two jobs:
Job A-20
Assembly Testing Total
Direct Material Cost 380,000330,000 710,000
Direct Labor Cost240,000 160,000400,000
Actual Machine-Hours 16,000 6,000 22,000
Job D-150
Assembly Testing Total
Direct Material Cost 260,000300,000 560,000
Direct Labor Cost140,000 280,000420,000
Actual Machine-Hours 6,000 24,000 30,000
Compute the total manufacturing cost assigned to Job A-20.
2,685,3201,600,000
1,625,9802,419,320

Added by Deborah W.

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