tarnish industries produces miniature models of farm equipment. these collectibles are in great demand. it…

tarnish industries produces miniature models of farm equipment. these collectibles are in great demand. it takes two operations, molding and finishing, to complete the miniatures. next years expected activities are shown in the following table: \nmolding finishing \ndirect labor hours 88,000 dlh 173,500 dlh \nmachine hours 111,000 mh 94,500 mh \ntarnish industries uses departmental overhead rates and is planning on a $3.30 per machine - hour overhead rate for the finishing department. compute the budgeted manufacturing overhead cost for the finishing department given the information shown in the table. \nmultiple choice \n$290,400 \n$572,550 \n$356,300 \n$511,850 \n$678,150

tarnish industries produces miniature models of farm equipment. these collectibles are in great demand. it takes two operations, molding and finishing, to complete the miniatures. next years expected activities are shown in the following table: \nmolding finishing \ndirect labor hours 88,000 dlh 173,500 dlh \nmachine hours 111,000 mh 94,500 mh \ntarnish industries uses departmental overhead rates and is planning on a $3.30 per machine - hour overhead rate for the finishing department. compute the budgeted manufacturing overhead cost for the finishing department given the information shown in the table. \nmultiple choice \n$290,400 \n$572,550 \n$356,300 \n$511,850 \n$678,150

Answer

Explanation:

Step1: Identify the formula

Budgeted manufacturing overhead cost = Overhead rate per machine - hour×Machine - hours.

Step2: Substitute the values

The overhead rate per machine - hour for the Finishing department is $3.30 and the machine - hours for the Finishing department are 94,500. So, the budgeted manufacturing overhead cost = $3.30×94,500.

Step3: Calculate the result

$3.30×94,500 = 311,850$.

Answer:

$311,850