Based on a budgeted capacity of 25,000 machine hours, CC Ltd set the following standard cost per
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Question:
Based on a budgeted capacity of 25,000 machine hours, CC Ltd set the following standard cost per unit for 20X8:
Fixed overhead (4 machine hours at $12): $48
Variable overhead (4 machine hours at $9): $36
During the year, 6,000 units were produced, and the following resources were incurred:
Fixed overhead: $296,000
Variable overhead: $165,750
Machine hours worked: 22,800 hours
How many units had the company budgeted to produce?
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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