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John's company incurred 100 sets ups which cost $15000 in total. The direct labor was $30000. The direct materials were $55,000. 1000 units were produced.
John's company incurred 100 sets ups which cost $15000 in total. The direct labor was $30000. The direct materials were $55,000. 1000 units were produced. A. set ups B. $150 What is the cost driver? - - - What is the activity rate for each set up? What is John's total cost to produce the product? What is the unit cost of the product? C. contribution margin D. $15,000 E. $100 F. $100,000 QUESTION 2 A company allocates overhead on the basis of direct labor dollars. Estimated direct labor is $100,000 and estimated overhead is $200,000. Actual overhead is $190000 and actual direct labor is $90,000. What is the amount of applied overhead? $200,000 $170,000 $180,000
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