Question: must be completed in full, to be considered correct! NO cut off answers! Mia Company uses activity-based costing and reports the following. The company budgets
must be completed in full, to be considered correct! NO cut off answers!
Mia Company uses activity-based costing and reports the following. The company budgets 4,000 machine hours and 8.000 direct labor hours for the year. Activity (cont driver) Budgeted cost Cutting (nachine houra) Assembly (direct labor hours) Total $ 108,000 $ 28,000 80,000 (a) Compute an overhead activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a product that used 30 machine hours and 25 direct labor hours
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