Bob's Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted...

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Bobs Electronics Inc. manufactures high-tech screens for computers. In June, the two production departments had budgeted all

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Bob’s Electronics Inc.
Answer 1	Dept. 1	Note
Budgeted Machine Hours	8,400.00	A
Manufacturing overhead	32,000.00	B
Indirect cost allocation rate	3.81	C=B/A

Answer 2	Dept. 2
Budgeted Labor Hours	5,860.00	D
Manufacturing overhead	27,500.00	E
Indirect cost allocation rate	4.69	F=E/D

Workings for Answer 3	Dept. 1	Dept. 2	Note
Actual Machine/ Labor Hours	1,100.00	400.00	G
Indirect cost allocation rate	3.81	4.69	H= See C,F
Overhead applied to Job 101	4,190.48	1,877.13	*I=GH**

Answer 3	Dept. 1	Dept. 2	Total
Direct Materials	66,000.00	106,500.00	172,500.00
Direct Labor	12,500.00	9,100.00	21,600.00
Overhead applied	4,190.48	1,877.13	6,067.61
Total cost assigned to Job 101	82,690.48	117,477.13	200,167.61

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