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Accounting Help: ___________________________________________________________________________________________________ ___________________________________________________________________________________________________________________ BE20.6 (L0 3) Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annual operating activity bases are direct
Accounting Help:
___________________________________________________________________________________________________
___________________________________________________________________________________________________________________
BE20.6 (L0 3) Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annual operating activity bases are direct labor cost $500,000, direct labor hours 50,000, and machine hours 100,000. Compute the predetermined overhead rate for each activity base. E20.4 (LO 1,5) Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below Analyze costs of mufacturing and mssuig anourts. Case B S 83,000 140,000 Direct materials used Direct labor Manufacturing overhead applied Total manufacturing costs Work in Total cost of work in $ (a) 50,000 42,500 145,650 proccss 1/1/20 15.500 process 201,500 Work in process 1231/20 Cost of goods manufactured 11.800 192,300 Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the sameStep by Step Solution
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