Shotter Manufacturing Is a Small Textile Manufacturer Using Machine-Hours to Calculate

question 191

Essay

Shotter Manufacturing is a small textile manufacturer using machine-hours to calculate the single indirect-cost rate to allocate manufacturing overhead costs to various jobs contracted during the year.The following estimates are provided for the coming year for the company and for the jackets to be made for Jackson High School Science Olympiad.
$\begin{array}{lrl}&\text { Company }&\text { Jackson High School Job }\\\text { Direct materials } & \$ 25,000 & \$ 600 \\\text { Direct manufacturing labor } & \$ 5,000 & \$ 150 \\\text { Manufacturing overhead costs } & \$ 30,000 & \\\text { Machine-hours (mh) } & 50,000 \mathrm{mh} & 800 \mathrm{mh}\end{array}$ Required:
a.For Shotter Manufacturing,determine the annual manufacturing overhead cost-allocation rate.
b.Determine the amount of manufacturing overhead costs allocated to the Jackson High School job.
c.Determine the estimated total manufacturing costs for the Jackson High School job.

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Definitions:

Promiscuous Proteins

Proteins that can bind to multiple molecular partners with different specificities, playing crucial roles in cellular functions and signaling .

Adaptations

Traits that have evolved through natural selection, allowing organisms to survive and reproduce in their environments.

De Novo

A Latin expression meaning "from the beginning," used to describe genes, mutations, or structures that are newly formed and not inherited from parent organisms.

Modifications

Alterations or changes made to objects, organisms, or systems, often aimed at improving function or performance.