Question

what is the manufacturing costs and manufacturing overhead

Eignment CALCULATOR FULL SCREEN 4 BACK NEXT Problem 15-04A 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 Department K In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,080,000 $1,542,857 100,000 400,000 $1,500,000 $1,250,000 125,000 500,000 $1,020,000 $450,000 40,000 120,000 During January, the job cost sheets showed the following costs and production data. Department Direct materials used Direct labor costs Manufacturing overhead incurred Direct labor hours Machine hours $140,000 $120,000 $99,000 8,000 34,000 $126,000 $110,000 $124,000 11,000 45,000 $78,000 $37,500 $79,000 3,500 9,000 Your answer is correct. Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, eg. 12.50 OL 12.50%.) Overhead rate Department D 70 % Department E 12 per direct labor hour Department KT 8.50 per machine hour Your answer is incorrect. Try again. Compute the total manufacturing costs assigned to jobs in January in each department. Manufacturing Costs Department D 148000

Answer 1

Manufacturing Overhead - January Month
Department D
=70% * direct labor cost
=$120000*70%
$                                                    84,000
Department E
= Direct labor hours * $12 per hour
=11000*12
$                                                 1,32,000
Department K
= Direct labor hours * $8.50 per hour
=9000*$8.50
$                                                    76,500
Total manufacturing costs on January Month
	Department D	Department E	Department K
Direct Material	$         1,40,000	$        1,26,000	$            78,000
Direct Labor	$         1,20,000	$        1,10,000	$            37,500
Manufacturing overhead Assigned	$            84,000	$        1,32,000	$            76,500
Total Manufacturing cost assigned	$         3,44,000	$        3,68,000	$        1,92,000
Let me know the wrong answer.