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Franklin Services Company has 66 employees, 31 of whom are assigned to Division A and 35 to Division B. Franklin incurred $403,260 of fringe benefits
Franklin Services Company has 66 employees, 31 of whom are assigned to Division A and 35 to Division B. Franklin incurred $403,260 of fringe benefits cost during year 2 . Required Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B. Munoz Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. The expected overhead cost for the next fiscal year include the following. Munoz uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows. Required a. Allocate the budgeted overhead costs to the products
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