The Canine Company has total estimated factory overhead for the year of $2,400,000, divided into four activities: Fabrication, $1,200,000; Assembly, $480,000; Setup, $400,000; and Materials Handling $320,000. Canine manufactures two products: Standard Crates and Deluxe Crates. The activity-base usage quantities for each product by each activity are as follows:
Definitions:
Sales Salaries Expense
The total cost associated with compensating the sales force, including wages, commissions, and bonuses.
Work in Process
An inventory category that refers to partially completed goods awaiting completion and sale, standing between raw material and finished goods inventory.
Job Cost Sheets
Documents used to record and track the expenses associated with each specific job in a manufacturing process, including labor, materials, and overhead costs.
Control Account
An account used to summarize transactions recorded in subsidiary ledgers for a comprehensive total in the general ledger.
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