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I need help doing the attached problem. Parts "a" and "b" are circuled

I need help doing the attached problem. Parts "a" and "b" are circuled

I need help doing the attached problem.  Parts "a" and "b" are circuled

1 Manufacturing Overhead Distribution Worksheet The following are selected operating data for
2 the production and service departments of Bluestone Company for 2019
3
Departments
Service
Production
4
1
2
1
2
6 Overhead costs (identified by department)
$ 48,400 82,200
25,440 516,000
32,584 $1,439,000
Indirect materials
7
$97,200 $144,000
Indirect labor
8
7,200
9 Square feet of building floor space used
10 Assessed value of equipment used
11 Cubic yards of factory space used
4,800
24,000
12,000
$ 21,000 63,000
126,000 210,000
88,000
132,000
12 Machine hours
51,200
204,800
20,000 400,000
13 Direct labor
14
15 Building depreciation of $110,000 is allocated on the basis of square feet of floor space. Personal property
16 taxes of $30,000 are allocated on the basis of assessed values of equipment used. Costs for service
17 departments 1 and 2 are allocated to production departments on the basis of cubic yards of factory space
18 and machine hours, respectively.
19
20 Required
21 a. Prepare a 2019 overhead distribution worksheet for Bluestone Company similar to the one prepared
22 for Exhibit 3-15
23 b. Compute the manufacturing overhead rates for production departments 1 and 2 using machine
24 hours and direct labor costs, respectively, for allocation bases. Round your answer to two decimal
25 places.
26
27
2 a.
29
30
Service
Production
31
Totals (optional)
Dept. 1
Dept. 2
Allocation Basis
32
Dept. 1
Dept. 2
Directly identifiable with departments:
33
Indirect material
N/A
34
Indirect labor
N/A
35
36
Allocated to departments:
37
Building depreciation
Personal property taxes
Floor space
38
Assessed value of equipment
39
Total overhead
40
41
Allocation of service departments:
42
Cubic yards of factory space
43
Dept. 1
Machine hours used
44
Dept. 2
Total allocated overhead
45
46
Departmental overhead rates:
b.
49
Production Dept. 1 (per machine hour):
Production Dept. 2 (per direct labor dollar):
50
manish jayant 09-Sep-2020

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