Kiddie Corp. uses a plantwide predetermined overhead rate based on machine - hours. The estimated costs for
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Kiddie Corp. uses a plantwide predetermined overhead rate based on machinehours. The estimated costs for this rate were total fixed manufacturing overhead cost of $ variable manufacturing overhead of $ per machinehour, and 500 machinehours. The details for Job B which was recently completed are:Number of units in the jobTotal machinehoursDirect materials$ Direct labor cost$If the company marks up its unit product costs by what is the selling price for a single unit in Job B without rounding the overhead rate and reporting the selling price as a whole number?
Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date: