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Better Products Company manufactures insulation and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $19 per direct labor-hour. The following data
Better Products Company manufactures insulation and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $19 per direct labor-hour. The following data are obtained from the accounting records for October 2020: Direct materials $410,000 Direct labor (3,400 hours @ $12/hour) 40,800 Indirect labor 21,000 Plant facility rent 51,000 Depreciation on plant machinery and equipment 42,000 Sales commissions 18,000 Administrative expenses 25,000 Compute the actual amount of manufacturing overhead costs incurred in October 2020. (4 marks)
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