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part b please The following information was taken from the annual budget (estimates): Direct labor hours Machine hours 80,000 160,000 Manufacturing costs: Direct labor Direct
part b please
The following information was taken from the annual budget (estimates): Direct labor hours Machine hours 80,000 160,000 Manufacturing costs: Direct labor Direct materials Indirect labor Electric power Payroll taxes Machine maintenance and repair Factory supplies Factory heat and light Depreciation, taxes, and insurance: Factory buildings Machinery $400,000 190,000 65,000 46,000 12,800 10, 200 17,000 15,000 124,000 310,000 $1,190,000 Required: a. Determine the following factory predetermined overhead rates under each of the following methods: Direct labor cost (2 (2) Direct labor hours (3) Machine hours b. Prepare a schedule showing the prime cost (direct labor ! direct material) and total cost of Job 329 with the factory overhead costs applied on each of the three bases; Job Cost Sheet 329 shows the following: raw materials. S.200: direct lahor, 6,000 hours and $29.000; machine hours, 2.800Step by Step Solution
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