Hello tutor answer these general accounting question not use chatgpt Brown Protein Powder produces a dietary supplement. The standard costof producing one unit is:Material (1.30 pounds x $2.30) $2.99Labor (1.20 hours x $10.00)Overhead12.00?Standard variable overhead is $8.00 per unit, and fixed annual overhead is$100,800. At the start of 2014, expected production was 25,200 units. During2014, 30,000 units were produced. The following information, related toactual costs incurred in 2014, is available:1. Purchased 40,000 pounds of material for $84,400.2. Used 39,010 pounds of material.3. Worked 32,455 labor hours costing $371,700.4. Actual overhead incurred was $325,600.Compute the standard overhead rate per unit.

Step 1: Define Standard Costing The standard costing method helps the company know the expectations…

Answered: Brown Protein Powder produces a dietary…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6PA: Gent Designs requires three units of part A for every unit of Al that it produces. Currently, part A...

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Apex Corporation estimates that its production for the coming year will be 10,000 units with the following unit costs: Direct materials P40 Direct labor P60 Direct labor is paid at the rate of P24 per hour. The machine should be run for 20 minutes to produce one unit. Total estimated overhead is expected to consist of P400,000 for variable overhead and P400,000 for fixed overhead. What is the predetermined overhead rate based on units of production? B P80 per unit D P65 per unit CP85 per unit P75 per unit
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