Timberline Industries expects $60,000 of overhead for producing 5,000 units. • Direct Material = $22 per unit • Direct Labor = $28 per unit In January, 500 units were produced. What was the total cost of units made in January?

Timberline Industries expects $60,000 of overhead for producing 5,000 units. • Direct Material = $22 per unit • Direct Labor = $28 per unit In January, 500 units were produced. What was the total cost of units made in January?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 2EA: Crystal Pools estimates overhead will utilize 250,000 machine hours and cost $750,000. It takes 2...

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Question

I need help with this general accounting question using standard accounting techniques.

Timberline Industries expects $60,000 of overhead for
producing 5,000 units.
•
Direct Material = $22 per unit
•
Direct Labor = $28 per unit
In January, 500 units were produced.
What was the total cost of units made in January?

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