A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $81,411 and the cost drivers for Product 1 is 400 and 262 for Product 2. The assembling activity pool has estimated costs of $62,196 and the cost drivers for Product 1 is 200 and 300 for Product 2. Direct labor hours for Product 1 is 452and 114 for Product 2. What is the total manufacturing overhead cost to be assigned to Product 1 using a single overhead rate as under tradional cost accounting?
A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $81,411 and the cost drivers for Product 1 is 400 and 262 for Product 2. The assembling activity pool has estimated costs of $62,196 and the cost drivers for Product 1 is 200 and 300 for Product 2. Direct labor hours for Product 1 is 452and 114 for Product 2. What is the total manufacturing overhead cost to be assigned to Product 1 using a single overhead rate as under tradional cost accounting?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $81,411 and the cost drivers for Product 1 is 400 and 262 for Product 2. The assembling activity pool has estimated costs of $62,196 and the cost drivers for Product 1 is 200 and 300 for Product 2. Direct labor hours for Product 1 is 452and 114 for Product 2. What is the total
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