1. Determine the costs that should be assigned to each of the jobs. Direct Materials Direct Labor Actual Overhead Total Job Cost X Date X X State University Manufacturing Overhead X 54,200✔ 43,600✔ 41,923 X 139,723 X X Description Cost of Goods Sold On-the-Go Home Manufacturing Overhead ✓ 34,800✔ 40,000 ✓ 49,896 X 124,696 X Precious Pre- school Debit 81,300✔ 40,100✔ 55,900✔ 54,981 X 192,181 X 2. Do the adjustment for overallocated or underallocated manufacturing overhead. TOTAL Credit 170,300✔ 139,500✔ 146,800 X 456,600 X 40,100✔

1. Determine the costs that should be assigned to each of the jobs. Direct Materials Direct Labor Actual Overhead Total Job Cost X Date X X State University Manufacturing Overhead X 54,200✔ 43,600✔ 41,923 X 139,723 X X Description Cost of Goods Sold On-the-Go Home Manufacturing Overhead ✓ 34,800✔ 40,000 ✓ 49,896 X 124,696 X Precious Pre- school Debit 81,300✔ 40,100✔ 55,900✔ 54,981 X 192,181 X 2. Do the adjustment for overallocated or underallocated manufacturing overhead. TOTAL Credit 170,300✔ 139,500✔ 146,800 X 456,600 X 40,100✔

Name: Kapoor Catering Co. uses a job cost system. Its activities in November
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Description: Kapoor Catering Co. uses a job cost system. Its activities in November 2020, the first month of operation, were as follows:InformationState UniversityOn-the-Go HomePrecious Pre-schoolDirect Materials Cost (food)$54,200$34,800$81,300Direct Labor Cost$

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 10PA: Carltons Kitchens three cost pools and overhead estimates are as follows: Compare the overhead...

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Information	State University	On-the-Go Home	Precious Pre-school
Direct Materials Cost (food)	$54,200	$34,800	$81,300
Direct Labor Cost	$43,600	$40,000	$55,900
Labor Hours	3,050	3,630	4,000

Similar questions

Carltons Kitchens three cost pools and overhead estimates are as follows: Compare the overhead allocation using: A. The traditional allocation method B. The activity-based costing method (Hint: the traditional method uses machine hours as the allocation base.)
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/takeAssignment/takeAssignmentMain.do?invoker=Dassignments&takeAssignmentSessionLocator%3Dassignment-take&inprogress%-false ☆ ロ eBook Job Costs Using Activity-Based Costing Heitger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $110,700 Number of moves 4,500 Engineering 153,900 Number of change orders 9,000 Other overhead 310,000 Direct labor hours 50,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 Beginning balance $24,900 $19,800 $2,900 $0 Direct materials $5,800 $9,900 $13,200 $9,500 Direct labor cost $810 $1,080 $1,560 $130 Job 13-43 Job 13-44 Job 13-45 Job 13-46 Number of moves 45 48 33 4 Number of change orders 27 40 23 18 Direct labor hours 810 1,080 1,560 130 By July 31, Jobs 13-43 and 13-44 were completed…
Title Brahtz Company uses an activity-based costing system. It has the following manufacturing activity ar Description Brahtz Company uses an activity-based costing system. It has the following manufacturing activity areas, related cost drivers and cost allocation rates:ActivityCost DriverCost Allocation RateMachine setupNumber of setups$25.00Materials handlingNumber of parts0.25MachiningMachine hours13.00AssemblyDirect labor hours22.00InspectionNumber of finished units7.00During the month, 100 units were produced, with no defects, requiring three setups. Each unit consisted of 17 parts, 3 direct labor hours and 2.5 machine hours. Direct materials cost $50 per finished unit.What is the total manufacturing cost for inspections?$-0-$700$90$7