Please refer to Managerial Accounting 5.6 for more information Suppose that inst

Question

Please refer to Managerial Accounting 5.6 for more information

Suppose that instead of using a plantwide overhead rate, the company had used a separate predetermined overhead rate in each department. Under these conditions: Compute the rate for each department for the current year. (Omit the "%" sign in your response.) Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. (Omit the "$" sign in your response.) Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). What was the company's bid price on the Koopers job? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) What would the bid price have been if departmental overhead rates had been used to apply overhead cost? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Explanation / Answer

1.a.33 b.46 c.67 2.740,000 3.500,000 4.840,000

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