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Business, 27.12.2019 01:31 adrian128383

Glavine corporation manufactures precision equipment made to order for the semiconductor industry. glavine uses two manufacturing overhead cost pools-one for the overhead costs incurred in its highly automated machining department and another for overhead costs incurred in its labour-based assembly department. glavine uses a normal costing system. it allocates machining department overhead costs to jobs based on actual machinehours using a budgeted machine-hour overhead rate. it allocates assembly department overhead costs to jobs based on actual direct manufacturing labour-hours using a budgeted direct manufacturing labour-hour rate. the following data are for the year 2016: machining assembly department department budgeted $5,850,$7,812,000 budgeted machine-hours (, budgeted direct manufacturing labour-hours (,000 actual manufacturing overhead $5,470,$8,234,000 machine-hours and direct manufacturing labour-hours and the ending balances (before proration of under allocated overhead) are as follows: required: 1. compute the budgeted overhead rates for the year in the machining and assembly departments. 2. compute the under allocated or over allocated overhead in each department for the year.

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