Question
Costs incurred Previous Month Current Month Planning Supplies 100 Labor 850 Overhead (40% of labor) Swimming activities Supplies 970 1200 Direct Labor 400 620 Overhead
| Costs incurred | Previous Month | Current Month | |
| Planning | |||
| Supplies | 100 | ||
| Labor | 850 | ||
| Overhead (40% of labor) | |||
| Swimming activities | |||
| Supplies | 970 | 1200 | |
| Direct Labor | 400 | 620 | |
| Overhead (50% of labor) | |||
| Non-swimming activities | |||
| Cost of activities | 90 | 320 | |
| Profit is 25 percent | |||
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Auditing The Art and Science of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
13th Canadian edition
133405508, 978-0133405507
