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Could you please help me fill out the blank on question 1 and 2? Thank you. Predetermined Overhead Rate, Application of Overhead Findley Company and
Could you please help me fill out the blank on question 1 and 2? Thank you. Predetermined Overhead Rate, Application of Overhead Findley Company and Lemon Company both use predetermined overhead rates to apply manufacturing overhead to production. Findley's is based on machine hours, and Lemon's is based on materials cost. Budgeted production and cost data for Findley and Lemon are as follows: Findley Lemon Manufacturing overhead Units Machine hours Materials cost At the end of the year, Findley Company had incurred overhead of $915,000 and had produced 19,600 units using 47,70 machine hours and materials costing $445,000. Lemon Company had incurred overhead of $972,000 and had produced . 61,500 units using 32,650 machine hours and materials costing $1,777,50o. $912,000 $990,000 60,000 48,000 33,750 $450,000 $1,800,000 20,000
Could you please help me fill out the blank on question 1 and 2? Thank you.
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