ABC has the following information for the current year. The allocation base for indirect manufacturing overhead...
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ABC has the following information for the current year. The allocation base for indirect manufacturing overhead is labor hours. If ABC is using the normal costing system, how much will be allocated to the Hapsburg job, which used 75 labor hours? Factory overhead Direct labor costs Labor hours Budgeted $ 4,000 $ 45,000 2,000 hours Direct material Direct labor Actual 2. If the following additional data apply to the Hapsburg job, what is the total cost of the job? Budgeted $ 275 $1,125 $4,200 $ 43,000 2,050 hours Actual $280 $1,165 3. Was overhead over-allocated or under-allocated for the year? 4. By how much? ABC has the following information for the current year. The allocation base for indirect manufacturing overhead is labor hours. If ABC is using the normal costing system, how much will be allocated to the Hapsburg job, which used 75 labor hours? Factory overhead Direct labor costs Labor hours Budgeted $ 4,000 $ 45,000 2,000 hours Direct material Direct labor Actual 2. If the following additional data apply to the Hapsburg job, what is the total cost of the job? Budgeted $ 275 $1,125 $4,200 $ 43,000 2,050 hours Actual $280 $1,165 3. Was overhead over-allocated or under-allocated for the year? 4. By how much?
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133428704
15th edition
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
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