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Ellis Perry is an electronics components manufacturer. Information about the companys two products follows: NEED HELP WITH PART B : THANK YOU! Problem 7-21 (Part
Ellis Perry is an electronics components manufacturer. Information about the companys two products follows:
NEED HELP WITH PART B:
THANK YOU!
Problem 7-21 (Part Level Submission) Ellis Perry is an electronics components manufacturer. Information about the company's two products follows Units produced Direct labor hours required for production Units per batch Shipping weight per unit AM-2 21,200 28,000 4,000 FM-9 3,690 24,000 90 0.50 lbs 4 lbs The company incurs $1,505,079 in overhead per year and has traditionally applied overhead on the basis of direct labor hours Your answer is correct. (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 0 decimal places, e.g. 45,000.) AM-2 FM-9 Overhead allocated to each product 694651.85 810427.15 $ (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.)Step by Step Solution
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