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50th Anniversary Party Cost incurred Previous Month Current Month Planning Supplies 250 Computer Time (25 hrs.*75/hr) Labor 1,250 Overhead (40% of labor) Caterer Food 950
| 50th Anniversary Party | ||||
| Cost incurred | Previous Month | Current Month | ||
| Planning | ||||
| Supplies | 250 | |||
| Computer Time (25 hrs.*75/hr) | ||||
| Labor | 1,250 | |||
| Overhead (40% of labor) | ||||
| Caterer | ||||
| Food | 950 | 12,535 | ||
| Desert | 575 | |||
| Direct Labor | 200 | 3,450 | ||
| Overhead (50% of labor) | ||||
| Other Costs | ||||
| Rental of facility | 90 | 2,500 | ||
| Cleanup | 1,350 | |||
| Profit is 25 percent |
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Horngrens Financial & Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
0133255573, 978-0133255577
