Using the step method, what is the factory overhead rate of the cutting department? Galinganmo Corp has two service departments and two producing departments. The following are data available for the...

Using the step method, what is the factory overhead rate of the cutting<br>department?<br>Galinganmo Corp has two service departments and two producing<br>departments. The following are data available for the year 2021:<br>FOH cost<br>Estimated<br>Area<br>Labor Hrs<br>Maintenance<br>Security<br>Cutting<br>Assembly<br>P129,000<br>105,000<br>416,000<br>380,000<br>2,900<br>1,100<br>2,000<br>1,600<br>Occupied<br>1,200<br>1,500<br>1,900<br>3,200<br>The maintenance costs are allocated based on estimated labor hours<br>and security is allocated based on space occupied. The producing<br>department uses machine hours with 50,000 for cutting and 25,000 for<br>assembly to determine the factory overhead rate.<br>P10.54<br>P8.32<br>O P20.35<br>P10.43<br>

Extracted text: Using the step method, what is the factory overhead rate of the cutting department? Galinganmo Corp has two service departments and two producing departments. The following are data available for the year 2021: FOH cost Estimated Area Labor Hrs Maintenance Security Cutting Assembly P129,000 105,000 416,000 380,000 2,900 1,100 2,000 1,600 Occupied 1,200 1,500 1,900 3,200 The maintenance costs are allocated based on estimated labor hours and security is allocated based on space occupied. The producing department uses machine hours with 50,000 for cutting and 25,000 for assembly to determine the factory overhead rate. P10.54 P8.32 O P20.35 P10.43

Jun 03, 2022

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Using the step method, what is the factory overhead rate of the cutting department? Galinganmo Corp has two service departments and two producing departments. The following are data available for the...

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