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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Cedar Company uses predetermined overhead rates in assigning manufacturing overhead costs to jobs. The rates are based on machine hours in the machining department and on direct labor hours in the assembly department. Estimated costs, machine hours, and direct labor hours for the year in each department are:-1.png)
During the month of July, Job #315X had the following data for 60 completed units of product:-2.png)
1. What predetermined overhead rates would be used by the company in assigning manufacturing overhead costs to Job #315X in machining and in assembly? (Round all rates to two decimal places.)
2. Using the overhead rates you calculated in part (1), how much manufacturing overhead is applied to Job #315X?
3. What is the unit cost for Job #315X? (Round the unit cost to two decimalplaces.)
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