Ethel corp has the following data for the year 2021 Estimated FOH 40,000 +(P 2 x Mhr) Estimated machine hours 5,000 Assume that Ethel corp has work on three jobs 01, 02 and 03, last year. 1500 machine hours were spent for JOB 01 2,000 machine hours spent for JOB 02 1,700 machine hour spent for JOB 03 The actual factory overhead is 56,000 using 5,200 machine hours What is the factory overhead to job
Ethel corp has the following data for the year 2021 Estimated FOH 40,000 +(P 2 x Mhr) Estimated machine hours 5,000 Assume that Ethel corp has work on three jobs 01, 02 and 03, last year. 1500 machine hours were spent for JOB 01 2,000 machine hours spent for JOB 02 1,700 machine hour spent for JOB 03 The actual factory overhead is 56,000 using 5,200 machine hours What is the factory overhead to job
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Ethel corp has the following data for the year 2021
Estimated FOH 40,000 +(P 2 x Mhr)
Estimated machine hours 5,000
Assume that Ethel corp has work on three jobs
01, 02 and 03, last year. 1500 machine hours were spent for JOB 01
2,000 machine hours spent for JOB 02
1,700 machine hour spent for JOB 03
The actual factory overhead is 56,000 using 5,200 machine hours
What is the factory overhead to job
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