Question: cost accounting question please answer showing the solution and details A printing company uses Normal costing. It has two direct cost pools, material and labor,

cost accounting question
please answer showing the solution and details
cost accounting question please answer showing
cost accounting question please answer showing
A printing company uses Normal costing. It has two direct cost pools, material and labor, and one indirect cost pool, overhead was charged to printing jobs on the basis of direct labor cost. Given the following: - Budgeted material costs = $ 1,000 - Actual material costs = $ 900 - Budgeted labor cost = $ 2,000 - Actual labor cost = $ 1,800 - Budgeted overhead cost= $1,500 - Actual overhead cost= $1,250 There is no WIP beginning and no finished goods inventories. There are two jobs in process but all others transferred to cost of goods sold: Job 10: used $ 25 of material and $ 20 of direct labor. Job II: used $ 15 of material and $ 32 of direct labor. Calculate (a) overhead allocation rate. din TAI Calculate (a) overhead allocation rate. (b) ending balance in ending WIP. (C) ending balance in cost of goods sold. (d) over-or under allocated overhead (total). (e) overhead allocated to cost of goods sold

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