Current Attempt in Progress Swifty Company manufactures two products, Mini A and Maxi B. Swifty's overhead costs consist of setting up machines- $900000; machining- $2030000; and inspecting- $620000. Information on the two products is: Direct labour hours Machine setups Machine hours Inspections Mini A O $1758000. O $2130000. O $1590000. O $1420000. 20000 700 27000 800 Maxi B 30000 500 29000 700 Overhead applied to Mini A using traditional costing and direct labour hours is

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Current Attempt in Progress
Swifty Company manufactures two products, Mini A and Maxi B. Swifty's overhead costs consist of setting up machines- $900000;
machining- $2030000; and inspecting- $620000. Information on the two products is:
Direct labour hours
Machine setups
Machine hours
Inspections
Mini A
O $1758000.
O $2130000.
O $1590000.
O $1420000.
20000
700
27000
800
Maxi B
30000
500
29000
700
Overhead applied to Mini A using traditional costing and direct labour hours is
Transcribed Image Text:Current Attempt in Progress Swifty Company manufactures two products, Mini A and Maxi B. Swifty's overhead costs consist of setting up machines- $900000; machining- $2030000; and inspecting- $620000. Information on the two products is: Direct labour hours Machine setups Machine hours Inspections Mini A O $1758000. O $2130000. O $1590000. O $1420000. 20000 700 27000 800 Maxi B 30000 500 29000 700 Overhead applied to Mini A using traditional costing and direct labour hours is
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