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Ivanhoe Company manufactures two products Regular and Deluxe. Overhead costs consist of machining, $2616000: and assembly, $1254000. Recent data are provided below! Direct labor hours
Ivanhoe Company manufactures two products Regular and Deluxe. Overhead costs consist of machining, $2616000: and assembly, $1254000. Recent data are provided below! Direct labor hours Machine hours Number of parts Regular 14000 14000 94000 Deluxe 19000 34000 16000 Overhead allocated to Deluxe using a single overhead rate (based on number of parts) and using activity-based desting respectively, are (Notice For ABC costing, use machine hours and direct labour hours as activly drivers for machining and assembly a $1065000 and $2805000, $1035500 and $2561500 $2460000 and $2575000. @ $1410000 and $1295000
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