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Please i need help. Solve accordingly in table form only just as in the question for easy understanding. Thanks Rundle Construction Company expects to build
Please i need help. Solve accordingly in table form only just as in the question for easy understanding. Thanks
Rundle Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: Expected Costs Direct labor Direct materials Home 2 Home 1 $.64,000 103,000 Home 99,000 $184,000 195,000 150,000 Assume Rundle needs to allocate two major overhead costs ($52,050 of employee fringe benefits and $26,880 of indirect materials costs) among the three jobs Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. (Round "Allocation rate" to 2 decimal places.) Fringe Benefits: House Allocation Rate x Weight of Base Allocated Cost Total Indirect Materials: House Allocation Rate x Weight of Base | = Allocated Cost Total The cost components to determine the total cost of each house: Expected Costs Direct labor Direct materials Fringe benefits Indirect Materials Home 1 Home 2 Home 3 Total Total costStep by Step Solution
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