Accounting Homework Help
Robinson Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with two direct
Robinson Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with two direct
cost categorieslong dashdirect materials and direct manufacturing laborlong dashand one indirect-cost pool, manufacturing overhead costs. It provides the following information for 2017.
Budgeted manufacturing overhead costs
$924,000
Budgeted direct manufacturing labor-hours
33,000
hours
Actual manufacturing overhead costs
$1,176,000
Actual direct manufacturing labor-hours
28,000
hours
Calculate the cost of the 32 Rooney Drive job using actual costing based on the following information:
Actual direct materials cost
$3,800
Actual direct manufacturing labor
140
hours
Actual direct manufacturing labor rate
$19
per hour
Begin by calculating the actual manufacturing overhead rate.