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I need help solving these. The answers for 5 and 6 are A and C but I can't get it. Thank you! Use the following
I need help solving these. The answers for 5 and 6 are A and C but I can't get it. Thank you!
Use the following for number 5 and 6. Poodle Company manufactures two products, Mini A and Maxi B. Poodle's overhead costs consist of setting up machines, $800,000; machining, $1,800,000; and inspecting, $600,000. Information on the two products is: Mini A Maxi B Direct labour hours Machine setups Machine hours Inspections 15,000 600 24,000 800 25,000 400 26,000 700 5. Overhead applied to Mini A using traditional costing using direct labour hours is a. $1,200,000 b. $1,536,000. c. $1,670,000. d. $1,920,000. e. None of the above 6. Overhead applied to Mini A using activity-based costing is a. $1,200,000. b. $1,536,000. c. $1,664,000. d. $1,920,000. e. None of the aboveStep by Step Solution
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