Kilbourne Appliances produces two models of beverage coolers for homes and offices, the KA-15 and the KA-24. Data on operationsand costs for March follow.Units producedMachine-hoursDirect labor-hoursDirect materials costsDirect labor costsManufacturing overhead costsTotal costsRequired:KA-15a. Predetermined overhead rateb. Predetermined overhead rate672360750$ 74,40015,000KA-244485401,750$ 126,00035,000Totala. Compute the predetermined overhead rate assuming that Kilbourne Appliances uses direct labor-hours to allocate overhead costs.Note: Round your answer to 2 decimal places.b. Compute the predetermined overhead rate assuming that Kilbourne Appliances uses machine-hours to allocate overhead costs.per direct labor-hourper machine-hour1,1209002,500$ 200,40050,000198,000$ 448,400

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Answered: Kilbourne Appliances pro and costs for…

Business

Accounting

Kilbourne Appliances pro and costs for March follo-

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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