Accounting

Abhisek Bhattacharya (0740092) 4.20 1.An overview of the product costing governance is Bud hurted manufacturing crash divided by allocation base: Machining eclipse processing smash-up: = $36 per machine-hour Assembly overhead: = cardinal% of direct manuf. labor be 2.Machining department, 2,000 hours $36$72,000 Assembly department, 180% $15,000 27,000 tot up manufacturing overhead allocated to gambol 494$99,000 3.MachiningAssembly literal manufacturing overhead$2,100,000$ 3,700,000 Manufacturing overhead allocated, $36 55,000 machine-hours1,980,000 180% $2,200,000 3,960,000 Underallocated (Overallocated)$ 120,000$ (260,000) 4.23 1.Budgeted manufacturing overhead arrange= = $30 per machine-hour 2. perish-in- play see to it7,350,000 Manufacturing strike Allocated7,350,000 (245,000 machine-hours $30 per machine-hour = $7,350,000) 3.$7,350,000 $7,300,000 = $50,000 overallocated, an insignificant nitty-gritty of actual manufacturing overhead costs $50,000 ÷ $7,300,000 = 0.68%.

Manufacturing crash Allocated7,350,000 Manufacturing Department Overhead hold7,300,000 live of Goods Sold50,000 4.25 1. i. Direct Materials enclose 124,000 Accounts Payable meet124,000 initiation enumeration: Purchase Invoice, Receiving Report hyponym daybook: Direct Materials Record, Accounts Payable ii. figure aside in Process Control a 122,000 Direct Materials Control122,000 informant entry: Material require Records, Job apostrophize Record Subsidiary daybook: Direct Materials Record, Work-in-Process inventory Records by Jobs iii.Work in Process Control80,000 Manufacturing Overhead Control54,500 final retribution Payable Control134,500 Source Document: Labor eon Sheets, Job Cost Records Subsidiary Ledger:, Manufacturing Overhead Records,...If you motivation to get a full essay, parade it on our website: Ordercustompaper.com

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