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If you could please explain how you get the answers it would really help me ES LO2 E3-3A. Calculate and Use Overhead Rate During the
If you could please explain how you get the answers it would really help me
ES LO2 E3-3A. Calculate and Use Overhead Rate During the coming accounting year, Baker Manufacturing anticipates the following costs, expenses, and operating data: OWO ome MBC Direct material (16,000 lb.). ..... Direct labor (@ $10/hr.) ...... Indirect materials . . . . . . . . . . . Indirect labor. ........... Sales commissions............ Factory administration ..... Nonfactory administrative expenses. ... Other manufacturing overhead* ........ $ 80,000 200,000 12,000 22,000 34,000 16,000 20,000 80,000 *Provides for operating 40,000 machine hours. a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the fol lowing application bases: (1) direct labor hours, (2) direct labor costs, and (3) machine hours. b. For each item in requirement a, determine the proper application of manufacturing overhead to Job 63, to which 16 direct labor hours, $150 of direct labor cost, and 40 machine hours have been chargedStep by Step Solution
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