45) A furniture corporation manufactures two models of furniture-Standard and Deluxe. The total manufacturing overhead is...
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45) A furniture corporation manufactures two models of furniture-Standard and Deluxe. The total manufacturing overhead is $64,350. Standard Deluxe Direct materials cost per unit $250 $290 Direct labor cost per unit $120 $135 Number of units 500 350 The company uses direct labor costs as the base to allocate manufacturing overhead. Calculate the predetermined overhead rate. A) 28% B) 60% C) 35% D) 63% 5 45) A furniture corporation manufactures two models of furniture-Standard and Deluxe. The total manufacturing overhead is $64,350. Standard Deluxe Direct materials cost per unit $250 $290 Direct labor cost per unit $120 $135 Number of units 500 350 The company uses direct labor costs as the base to allocate manufacturing overhead. Calculate the predetermined overhead rate. A) 28% B) 60% C) 35% D) 63% 5
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Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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