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Company is using a plantwide system to allocate overhead costs in 2022, with direct labor hours as the st driver. Its estimated overhead cost function
Company is using a plantwide system to allocate overhead costs in 2022, with direct labor hours as the st driver. Its estimated overhead cost function for 2022 is $4.79 X + $9,200, where X is direct labor urs. he following are additional estimates for the entire year: Direct materials $65,200 Direct labor $95,200 Direct labor 6,800 hours Machine hours 19,500 The following are actual results for a particular product that was produced in January of 2022: Direct materials $14,344 Direct labor $7,616 Direct labor 952 hours Machine hours 1,170 Using the plantwide system, how much overhead was allocated to this product [round overhead rate(s) to two decimal places]? A: $1,917 Submit Answer B: $2,780 Tries 0/99 E: $8,476 D: $5,845 C: $4,031 F: $12,290 Post Discussion Pra Send Feedback
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