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need requirements A and B Data on expected operations and direct costs for the next fiscal year follow: The planning process team at Hall, Incorporated

need requirements A and B image text in transcribed
Data on expected operations and direct costs for the next fiscal year follow: The planning process team at Hall, Incorporated has estimated the following manufacturing overhead costs for the next fiscal year: The cost accounting system at Hall, Incorporated calculates product costs by adding allocated overhead to the direct costs of the product. Overhead costs are allocated based on direct labor-hours. lequired: . Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system. . An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overhead be first assigned to on one of two cost pools: Machine related and labor related. Machine-related overhead consists of the accounts "Engineering" and "Machine operotion and maintenance." Labor-related overhead consists of the remaining manufacturing overhead. Machine-related costs would be allocated based on machine-hours. Labor-related overhead would be allocated based on direct labor cost. Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst

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