Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was...
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Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was estimated at the beginning of the year Estimated Manufacturing Overhead Estimated Machine Hours $81,000 17,000 Actual overhead totaled $72,000 During the year, the company produced 8,500 units of product using 14,000 machine hours and 60,000 direct- labor hours. How much manufacturing overhead was allcoated to the product during the year? Round your answer to whole dollars. Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was estimated at the beginning of the year Estimated Manufacturing Overhead Estimated Machine Hours $81,000 17,000 Actual overhead totaled $72,000 During the year, the company produced 8,500 units of product using 14,000 machine hours and 60,000 direct- labor hours. How much manufacturing overhead was allcoated to the product during the year? Round your answer to whole dollars.
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To calculate the total costs of goods manufactured we need to add up all of the manufacturing costs incurred during the year and subtract the ending w... View the full answer
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
Posted Date:
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