Morales Companys manufacturing overhead budget shows total variable costs of $198,000 and total fixed costs of $162,000.

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Morales Company’s manufacturing overhead budget shows total variable costs of $198,000 and total fixed costs of $162,000. Total production in units is expected to be

160,000. It takes 15 minutes to make one unit, and the direct labor rate is $15 per hour. Express the manufacturing overhead rate as

(a) A percentage of direct labor cost, and

(b) An amount per direct labor hour.

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 19, 2011 12:23 PM

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Morales Companys manufacturing overhead budget shows total variable costs of $198,000 and total fixed costs of $162,000.

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