Rafner Manufacturing has determined the following budgeted data across its two production departments. Meeting finishing General production
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Question:
Rafner Manufacturing has determined the following budgeted data across its two production departments.
Meeting | finishing | |||||
General production costs | $ | 1,218,700 | $ | 620,000 | ||
Direct labor hours | 12,200 | DEBT | 20,200 | DEBT | ||
machine clocks | 6,200 | MH | 16,200 | MH | ||
Necessary:
1. What is the company's single facility-wide overhead rate based on direct hours of operation?
2. What is the company's single plant-wide overhead rate based on machine hours?
Related Book For
Financial and Managerial Accounting Information for Decisions
ISBN: 978-0078025761
6th edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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