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Current Attempt in Progress Sheridan is an electronics components manufacturer. Information about the company's two products follows: AM-2 FM-9 5,000 15,000 Units produced Direct labor
Current Attempt in Progress Sheridan is an electronics components manufacturer. Information about the company's two products follows: AM-2 FM-9 5,000 15,000 Units produced Direct labor hours required for production Units per batch Shipping weight per unit 20,000 10,000 4,000 0.50 lbs. 500 10 lbs. The company incurs $765,000 in overhead per year and has traditionally applied overhead on the basis of direct labor hours. (a) - Your answer is incorrect. (i) How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to O decimal places, e.g. 45,286.) AM-2 FM-9 Overhead allocated to each product (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.) AM-2 FM-9 $ $ Overhead cost per unit
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