Franklin Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Franklin expects to...

 

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Franklin Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Franklin expects to incur $612,000 of overhead cost during the next fiscal year. Other budget information follows: Direct labor hours. Machine hours. Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Complete this question by entering your answers in the tabs below. Required A Required B Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Product Allocation Rate x Weight of Base = Allocated Cost Vogue Beauty Glamour Total Total Vogue Beauty Glamour 3,200 5,200 9,600 18,000 1,100 2,100 2,920 6,120 X X X = < Required A Required B > Franklin Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Franklin expects to incur $612,000 of overhead cost during the next fiscal year. Other budget information follows: Direct labor hours. Machine hours. Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Complete this question by entering your answers in the tabs below. Required A Required B Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Product Allocation Rate x Weight of Base = Allocated Cost Vogue Beauty Glamour Total Total Vogue Beauty Glamour 3,200 5,200 9,600 18,000 1,100 2,100 2,920 6,120 X X X = < Required A Required B >

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a Allocation rate 61200018000 34 per direct labor hours Product Allocation rate x ... View the full answer