Mannitou Company made the following predictions for 2016: Factory overhead costs Direct labor hours Machine hours...
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Mannitou Company made the following predictions for 2016: Factory overhead costs Direct labor hours Machine hours $300,000 50,000 hours 100,000 hours Job A2 (which was started and completed in June) used 3,000 direct labor hours, 2,000 machine hours, and $57,000 of prime costs. Refer to Figure 4-4. If factory overhead is applied based on machine hours, the cost of Job A2 for the Mannitou Company is a. $75,000. b. $63,000. c. $66,000. d. $69,000. Mannitou Company made the following predictions for 2016: Factory overhead costs Direct labor hours Machine hours $300,000 50,000 hours 100,000 hours Job A2 (which was started and completed in June) used 3,000 direct labor hours, 2,000 machine hours, and $57,000 of prime costs. Refer to Figure 4-4. If factory overhead is applied based on machine hours, the cost of Job A2 for the Mannitou Company is a. $75,000. b. $63,000. c. $66,000. d. $69,000.
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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