Billabong Resources Provides the Following Data to Enable You to Calculate

Essay

Billabong Resources provides the following data to enable you to calculate overhead rates: Machining Department Overhead is $16,000, which is to be allocated on estimated machine hours of 25,000. The rate per Machine Hour would be _________________. If Machining cost is to be allocated to three jobs which consumed A = 3,000 hours, B = 6,000 hours, and C = 1,000 hours respectively; then Job A should be charged $__________________; Job B should be charged $___________________; and Job C $_______________.