TB MC Qu. 2-39 (Static) Tancredi Corporation has two manufacturing departments... Tancredi Corporation has two...
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TB MC Qu. 2-39 (Static) Tancredi Corporation has two manufacturing departments... Tancredi Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH During the most recent month, the company started and completed two jobs--Job E and Job J. There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Machining machine-hours Customizing machine-hours Job E 12,800 $ $ 17,600 3,400 2,000 Machining Customizing 5,000 5,000 $ 22,000 $ 11,500 $ 1.80 $ 3.00 Job J $ 7,000 $ 7,700 1,600 3,000 Total 10,000 $ 33,500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. If both jobs are sold during the month, the company's cost of goods sold for the month would be closest to: Note: Round your intermediate calculations to 2 decimal places.
TB MC Qu. 2-39 (Static) Tancredi Corporation has two manufacturing departments... Tancredi Corporation has two manufacturing departments-Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: During the most recent month, the company started and completed two jobs-Job E and Job J. There were no beginning inventories. Data concerning those two jobs follow: Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. If oth jobs are sold during the month, the company's cost of goods sold for the month would be closest to: lote: Round your intermediate calculations to 2 decimal places. TB MC Qu. 2-39 (Static) Tancredi Corporation has two manufacturing departments... Tancredi Corporation has two manufacturing departments-Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: During the most recent month, the company started and completed two jobs--Job E and Job J. There were no beginning inventorles. Data concerning those two jobs follow: Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. If both jobs are sold during the month, the company's cost of goods sold for the month would be closest to: Note: Round your intermediate calculations to 2 decimal places
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