Question: The total factory overhead for Klein Calvin Inc is budgeted

The total factory overhead for Klein Calvin Inc. is budgeted for the year at $ 225,000. Klein Calvin manufactures two types of men’s pants: jeans and khakis. The jeans and khakis each require 0.15 direct labor hour for manufacture. Each product is budgeted for 15,000 units of production for the year. Determine
(a) The total number of budgeted direct labor hours for the year,
(b) The single plantwide factory overhead rate,
(c) The factory overhead allocated per unit for each product using the single plantwide factory overhead rate.

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  • CreatedJune 27, 2014
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