please i need the explainationDo not give answer in image 7. Comfort Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiledNumber ofNumber ofComponents Direct Labor Hours265200ProductStandardDeluxeNumber ofSetups1829612Overhead costs$61,100$64,800Assume a traditional costing system applies the overhead costs based on direct labor bours What is the total amount of overhead costs assigned to the standard model? (Do not undcalculations

7. Comfort Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiled Number of Number of Components Direct Laber Hours 265 200 Product Standard Deluxe Number of Setups 18 29 6 12 Overhead costs $61,100 564,800 Assume a traditional costing system applies the overhead costs based on direct labor hours. What is the total amount of overhead costs assigned to the standard model (Do not toundat calculations

7. Comfort Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiled Number of Number of Components Direct Laber Hours 265 200 Product Standard Deluxe Number of Setups 18 29 6 12 Overhead costs $61,100 564,800 Assume a traditional costing system applies the overhead costs based on direct labor hours. What is the total amount of overhead costs assigned to the standard model (Do not toundat calculations

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 8MC: A company calculated the predetermined overhead based on an estimated overhead of $70.000, and the...

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Cushing, Inc., costs products using a normal costing system. The following data are available for last year: Overhead is applied on the basis of direct labor hours. What was last years per unit product cost? a. 1.39 b. 4.40 c. 4.43 d. 3.01
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