Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please answer with detailed explanation else downvote. Question Los Angeles Dodgers produces bobbleheads for their fans. At the beginning of the year, the Dodgers had
Please answer with detailed explanation else downvote.
Question Los Angeles Dodgers produces bobbleheads for their fans. At the beginning of the year, the Dodgers had the following data: Budgeted overhead $ 180,000 Budgeted labour 15,000 Direct labour hours Total Budget $ 195,000 By the end of the year, the Dodgers showed the following data for the bobbleheads: Actual direct material cost 4,200 Actual direct labour cost 3,600 Actual direct labour wage 10 Per direct labour hour 154,000 Actual direct labour hours for the year 15,400 Direct labour hours Actual overhead costs for the year: Equipment lease 5,000 Amortization on building 20,000 Indirect labour 100,000 Utilities 15,000 Other overhead 45,000 Total 185,000 Required: 1) Calculate the total cost of the bobbleheads: $ 12,200 Can someone explain this in detail please. The answer is provided but explain the formulas applied step by stepStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started