Sheddon Industries produces two products. The products' Identified costs are as follows: Direct materials Direct labor Multiple Choice The company's overhead costs of $54,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? Note: Do not round Intermediate calculations. O $39,000 Product A $ 20,000 12,000 $50,000 Product B $ 15,000 24,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Sheddon Industries produces two products. The products' Identified costs are as follows:
Direct materials
Direct labor
Multiple Choice
The company's overhead costs of $54,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of
production costs would be assigned to Product A?
Note: Do not round Intermediate calculations.
$39,000
$50,000
$93,000
Product A
$ 20,000
12,000
None of the answers are correct.
Product B
$ 15,000
24,000
Transcribed Image Text:Sheddon Industries produces two products. The products' Identified costs are as follows: Direct materials Direct labor Multiple Choice The company's overhead costs of $54,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? Note: Do not round Intermediate calculations. $39,000 $50,000 $93,000 Product A $ 20,000 12,000 None of the answers are correct. Product B $ 15,000 24,000
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