Trendy Creations Tie Company manufactures neckties and scarves. Two overhead application bases are used; some overhead...
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Trendy Creations Tie Company manufactures neckties and scarves. Two overhead application bases are used; some overhead is applied on the basis of raw material cost at a rate of 135% of material cost, and the balance of the overhead is applied at the rate of $7.20 per direct labor hour. Required: Calculate the cost per unit of a production run of 510 neckties that required raw materials costing $2,180 and 77 direct labor hours at a total cost of $890. Note: Round your answer to 2 decimal places. Cost per tie produced Trendy Creations Tie Company manufactures neckties and scarves. Two overhead application bases are used; some overhead is applied on the basis of raw material cost at a rate of 135% of material cost, and the balance of the overhead is applied at the rate of $7.20 per direct labor hour. Required: Calculate the cost per unit of a production run of 510 neckties that required raw materials costing $2,180 and 77 direct labor hours at a total cost of $890. Note: Round your answer to 2 decimal places. Cost per tie produced
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