Angler Industries produces a product which goes through two operations, Assembly and Hik costs and activities are shown below. Direct labor hours Machine hours Overhead costs Assembly 190,000 DLH 390,000 MH $ 390,000 Finishing 149,000 DLH 95,550 MH $ 581, 100 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 3.4 machine hours in the Assembly Department, and 4.0 direct labor hours and 0.6 machine hours in the Finishing Department?

Angler Industries produces a product which goes through two operations, Assembly and Hik costs and activities are shown below. Direct labor hours Machine hours Overhead costs Assembly 190,000 DLH 390,000 MH $ 390,000 Finishing 149,000 DLH 95,550 MH $ 581, 100 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 3.4 machine hours in the Assembly Department, and 4.0 direct labor hours and 0.6 machine hours in the Finishing Department?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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