Examlex

Solved

Rocher Corporation Has Two Production Departments,Casting and Finishing

question 163

Essay

Rocher 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:
Rocher 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 A394.The following data were recorded for this job:    Required: a.Calculate the estimated total manufacturing overhead for the Casting Department. b.Calculate the predetermined overhead rate for the Casting Department. c.Calculate the amount of overhead applied in the Casting Department to Job A394. During the current month the company started and finished Job A394.The following data were recorded for this job:
Rocher 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 A394.The following data were recorded for this job:    Required: a.Calculate the estimated total manufacturing overhead for the Casting Department. b.Calculate the predetermined overhead rate for the Casting Department. c.Calculate the amount of overhead applied in the Casting Department to Job A394. Required:
a.Calculate the estimated total manufacturing overhead for the Casting Department.
b.Calculate the predetermined overhead rate for the Casting Department.
c.Calculate the amount of overhead applied in the Casting Department to Job A394.


Definitions:

Cross-functional Teams

Groups composed of members from different departments or areas of expertise working together toward a common goal.

Self-managed Teams

Groups of workers who are given the autonomy to manage their own tasks and responsibilities without direct supervision.

Task Forces

Temporary groups established to accomplish a specific objective, often bringing together expertise from different areas.

Cross-functional Teams

Teams composed of members from different departments or functional areas within an organization, working together towards a common goal.

Related Questions