University Of Missouri St. Louis Operations And Supply Chain Management Assignment Help - Applying Overhead

Question - Heritage Gardens uses a job-order costing system to track the costs of its landscaping projects. The
company uses a job-order costing system to track the costs of its landscaping projects. The table
below provides data concerning the three landscaping projects that were in progress during May.
There was no work in process at the beginning of May.

PROJECTS
Williams Chandler Nguyen
Designer Hours 200 80 120
Direct Materials $ 4,800.00 $ 1,800.00 $ 3,600.00
Direct Labor $ 2,400.00 $ 1,000.00 $ 1,500.00

Actual overhead costs were $16,000 for May. Overhead costs are applied to projects on the basis of
designer- hours since most of the overhead is related to the costs of the garden design studio. The
predetermined overhead rate i ...Read More s $45 per
designer- hour. The W illiams and Chandler projects were completed in May; the Nguyen project was
not completed by the end of the month. No other jobs were in process during May.

QUESTION 1 - Compute the amount of overhead cost that would have been applied to each
project during May. Show your work.

QUESTION 2 - Determine the cost of goods manufactured for May. Show your work.

QUESTION 3 - What is the accumulated cost of the work in process at the end of the
month? Show your work.

QUESTION 4 - Determine the underapplied or overapplied overhead for May. Show your work. ...Read Less

Solution Preview - No Solution Preview Available

Original Question Documents

N/A