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In: AccountingMarblex manufactures marble statues. In March, the two productiondepartments had budgeted allocation bases of 4,000...Marblex manufactures marble statues. In March, the two productiondepartments had budgeted allocation bases of 4,000 machine-hours inDepartment X and 8,000 direct manufacturing labor-hours inDepartment Y. The budgeted manufacturing overheads for the monthwere $60,000 and $64,000, respectively. For Job A, the actual costsincurred in the two departments were as follows: DepartmentX DepartmentY Direct materials purchased onaccount $110,000 $177,500 Direct materials used 40,000 13,500 Direct manufacturing labor 55,000 53,500 Indirect manufacturing labor 11,000 9,000 Indirect materials used 5,000 4,750 Lease on equipment 16,250 3,750 Utilities1,000 1,250Job A incurred 800 machine-hours in Department X and 300manufacturing labor-hours in Department Y. The company uses abudgeted overhead rate for applying overhead to production.Required:a. Determine the budgeted manufacturing overheadrate for each department.b. Prepare the necessary journal entries tosummarize the March transactions for Department X.c. What is the total cost of Job A?