Question: need answers for E2-4B & E2-5B! E2-4B Manufacturing cost data for Olsen Company, which uses a job order cost system, are presented below. Instructions Indicate
need answers for E2-4B & E2-5B!
E2-4B Manufacturing cost data for Olsen Company, which uses a job order cost system, are presented below. Instructions Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the same. E2-5B Pronto Kopy Company applies operating overhead to photocopying jobs on the basis of machine hours used. Overhead costs are expected to total $320,000 for the year; and machine usage is estimated at 125,000 hours. For the year, $308,000 of overhead costs are incurred and 130,000 hours are used
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