Bangor Company manufactures two products, Velveeto and Fondant. Bangr has etimated evertead costs as follows: setting up machines ($160,000), machining ($300,000) and inspecting ($10a,000). Information on the two products foilewe Velveeto Fondant Direct labor hours 60, 000 100,000 Machine setups 2,400 1,600 Machine hours 96,000 104,000 Inspections 3,200 2,800 Overhead is applied to Fondant using direct labor hours. wtat is the fotal aiount of everhaad charged to this peoduct ine using tradidonal costing? $280,000 210,000 s105,000 $350,000

Bangor Company manufactures two products, Velveeto and Fondant. Bangr has etimated evertead costs as follows: setting up machines ($160,000), machining ($300,000) and inspecting ($10a,000). Information on the two products foilewe Velveeto Fondant Direct labor hours 60, 000 100,000 Machine setups 2,400 1,600 Machine hours 96,000 104,000 Inspections 3,200 2,800 Overhead is applied to Fondant using direct labor hours. wtat is the fotal aiount of everhaad charged to this peoduct ine using tradidonal costing? $280,000 210,000 s105,000 $350,000

Name: Bangor Company manufactures two products, Velveeto and Fondant. Bango
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Description: Bangor Company manufactures two products, Velveeto and Fondant. Bangor has estimated everhead costs as follows: setting up machinos ($160,000). machining($300,000) and inspecting ($10a,000). Information on the two products follows:Velveeto FondantDi

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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