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Marius Corporation Has Two Production Departments, Casting and Finishing

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Marius Corporation has two production departments, Casting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:
Marius Corporation has two production departments, Casting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:    During the current month the company started and finished Job K895. The following data were recorded for this job:    Required:a. Calculate the estimated total manufacturing overhead for the Finishing Department.b. Calculate the predetermined overhead rate for the Finishing Department.c. Calculate the amount of overhead applied in the Finishing Department to Job K895. During the current month the company started and finished Job K895. The following data were recorded for this job:
Marius Corporation has two production departments, Casting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:    During the current month the company started and finished Job K895. The following data were recorded for this job:    Required:a. Calculate the estimated total manufacturing overhead for the Finishing Department.b. Calculate the predetermined overhead rate for the Finishing Department.c. Calculate the amount of overhead applied in the Finishing Department to Job K895. Required:a. Calculate the estimated total manufacturing overhead for the Finishing Department.b. Calculate the predetermined overhead rate for the Finishing Department.c. Calculate the amount of overhead applied in the Finishing Department to Job K895.

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Central Processing Unit

This is the part of a computer that performs most of the processing inside a computer, often referred to as its "brain".

Smartphone

A mobile phone that combines computing power with internet connectivity, supporting a wide range of applications beyond calling and texting.

Scanner

A device that converts physical documents into digital format for storage, sharing, or editing on a computer.

Tablet

A portable computing device featuring a touchscreen interface, designed for mobile internet browsing, multimedia consumption, and running applications.

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