Company ABC Makes 2 products, Product 1 and Product 2 Units produced Direct labor hours Machine...
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Company ABC Makes 2 products, Product 1 and Product 2 Units produced Direct labor hours Machine hours Direct materials Direct labor Manufacturing overhead Total Product 1 20 1,800 4,000 Product 2 80 2,200 9,000 $500,000 $800,000 54,000 66,000 Total 100 4,000 13,000 1.300,000 120,000 450,000 $1,870,000 Required: 1. Compute the MOH for each product if direct labor hours are used as the allocation base. 2. Compute the MOH for each product if direct labor costs are used as the allocation base. 3. Compute the MOH for each product if machine hours are used as the allocation base. Company ABC Makes 2 products, Product 1 and Product 2 Units produced Direct labor hours Machine hours Direct materials Direct labor Manufacturing overhead Total Product 1 20 1,800 4,000 Product 2 80 2,200 9,000 $500,000 $800,000 54,000 66,000 Total 100 4,000 13,000 1.300,000 120,000 450,000 $1,870,000 Required: 1. Compute the MOH for each product if direct labor hours are used as the allocation base. 2. Compute the MOH for each product if direct labor costs are used as the allocation base. 3. Compute the MOH for each product if machine hours are used as the allocation base.
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To allocate manufacturing overhead MOH to each product we need to use the allocation bases provided ... View the full answer
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