Answers
Calculate following
1. | Direct labor hours | |
a. | Predetermine overhead rate (465000/155000+4.80) | $7.80 per DLH |
b | Total manufacturing cost (210+349+15*7.80) | $676 |
c | Selling price (676*200%+676) | $2028 |
2. | Machine hour | |
a | Predetermine overhead rate (465000/77500+9.60) | $15.60 per Mh |
b | Total manufacturing cost (210+349+5*15.60) | $637 |
c | Selling price (637*200%+637) | $1911 |
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