Machining Assembly Finishing Budgeted production overhead $ 176,000 168,000 60,000 Budgeted machine hours 11000 100 500 Budgeted labour hours 500 12000 5000 To make one unit requires 3 hours of machine time in the machining department and 1.5 labour hours within each of the assembly and finishing departments. To overhead absorption rate per unit is?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Machining
Assembly
Finishing
Budgeted production overhead $
176,000
168,000
60,000
Budgeted machine hours
11000
100
500
Budgeted labour hours
500
12000
5000
To make one unit requires 3 hours of machine time in the machining department and 1.5 labour hours
within each of the assembly and finishing departments.
To overhead absorption rate per unit is?
Transcribed Image Text:Machining Assembly Finishing Budgeted production overhead $ 176,000 168,000 60,000 Budgeted machine hours 11000 100 500 Budgeted labour hours 500 12000 5000 To make one unit requires 3 hours of machine time in the machining department and 1.5 labour hours within each of the assembly and finishing departments. To overhead absorption rate per unit is?
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