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Product costs and product profitability reports, using a single plantwide factory overhead rate Kao Engines Inc. produces three products - pistons, valves, and cams -

Product costs and product profitability reports, using a single plantwide factory overhead rate
Kao Engines Inc. produces three products-pistons, valves, and cams-for the heavy equipment industhy. Kao.Engines' production process uses a single plantwide factory overhead rate based upon direct labor hours to allocate overhead to the three products. The three products for 20Y2 are as follows:
\table[[,\table[[Budgeted],[Volume],[(Units)]],\table[[Direct Labor],[Hours Per Unit]],\table[[Price Per],[Unit]],\table[[Selling Price],[Per Unit]]],[Pistons,7,500,0.40,$12,$40
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