Production workers for Zachary Manufacturing Company provided 430 hours of labor in January and 620 hours in February. Zachary expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $15,000 per month. Required Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Allocated Month Cost January 19,350 February 19,350

Production workers for Zachary Manufacturing Company provided 430 hours of labor in January and 620 hours in February. Zachary expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $15,000 per month. Required Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Allocated Month Cost January 19,350 February 19,350

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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