Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. Direct labor hours Machine hours Assembly Finishing Overhead 270,000 DLH 470,000 MH $ costs 470,000 157,000 DLH 133,950 ΜΗ $ 737,900 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 4.2 machine hours in the Assembly Department, and 5.0 direct labor hours and 0.4 machine hours in the Finishing Department?

Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. Direct labor hours Machine hours Assembly Finishing Overhead 270,000 DLH 470,000 MH $ costs 470,000 157,000 DLH 133,950 ΜΗ $ 737,900 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 4.2 machine hours in the Assembly Department, and 5.0 direct labor hours and 0.4 machine hours in the Finishing Department?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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