Exam 4: Job Costing

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General Hospital uses a job-costing system for all patients.In March the Critical Care and Special Care facilities had cost allocation bases of 4,000 nursing days and 3,000 nursing days,respectively.The nursing care charges for each department for the month were $2,106,000 and $1,500,000,respectively.The General Care area had costs of $2,700,000 and 7,500 nursing days for the month. Patient Jim Hansen spent 5 days in Critical Care,4 days in Special Care and 21 days in General Care during March. Required: a.Determine the cost allocation rate for each department. b.What are the total charges to Mr.Hansen if he was in the facility the entire month of March?

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The actual costs of all individual overhead categories are recorded in the manufacturing overhead control account as credit entries.

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Answer the following question(s)using the information below. Sunny Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost allocation rate of $15 per direct labour hour.The following data are obtained from the accounting records for June in the current year: Answer the following question(s)using the information below. Sunny Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost allocation rate of $15 per direct labour hour.The following data are obtained from the accounting records for June in the current year:    -The amount of manufacturing overhead allocated to all jobs during June totals -The amount of manufacturing overhead allocated to all jobs during June totals

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A grouping of individual cost items is called a

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The manufacturing overhead control account and the manufacturing overhead allocated account both have zero balances at the end of each year after all adjustments are recorded.

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