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Jan 31, 2022 2:32pm PowerPoint Document Size: 1.2 MB Populi - Reformed... GAAP (50) HOW TO SELL.. Which country established 1/1 4 HOMEWORK ASSIGNMENT

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Jan 31, 2022 2:32pm PowerPoint Document Size: 1.2 MB Populi - Reformed... GAAP (50) HOW TO SELL.. Which country established 1/1 4 HOMEWORK ASSIGNMENT #1 The annual budget for Alex's company for 2020 included the following costs and expenses: Direct material Direct Labor Sales commision Factory supervision Indirect labor Factory depreciation Factory taxes Factory Insurance Factory utilities expense 30,000 120,000 28,000 16,000 27,000 25,000 7,000 6,000 9,000 1. Compute the plant-wide predetermined manufacturing overhead rate for 2020 using direct labor hours. 2. Determine the amount of manufacturing overhead that would be applied to jobs during March 2020 when 1,100 direct labor hours were actually incurred. $3

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