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Use the information below to answer the following question(s) .Bill Cobb Corporation had the following activities, pooled costs, and physical flow of driver units.The company uses activity-based costing. The above activities are used by departments X and Y as follows:
-Babcock Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs.The company has two departments: Assembly and Sanding.The Assembly Department uses a departmental overhead rate of $20 per machine hour, while the Sanding Department uses a departmental overhead rate of $15 per direct labour hour.Job 396 used the following direct labour hours and machine hours in the two departments: The cost for direct labour is $25 per direct labour hour and the cost of the direct materials used by Job 396 is $1,200.What was the total cost of Job 396 if Babcock Industries used the departmental overhead rates to allocate manufacturing overhead?
Box Plot
A graphical representation that displays the distribution of data based on a five-number summary: minimum, first quartile, median, third quartile, and maximum.
Mean
The mean of a number set, determined by dividing the sum of all the values by the total count of values.
Interquartile Range
A measure of variability that describes the range within which the middle 50% of a data set lies, calculated as the difference between the 75th and 25th percentiles.
Variability
Variability refers to the extent to which data points in a distribution differ from each other and from the mean of the distribution.
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