Question
Production workers for Fanning Manufacturing Company provided 370 hours of labor in January and 620 hours in February. Fanning expects to use 4,000 hours of
Production workers for Fanning Manufacturing Company provided 370 hours of labor in January and 620 hours in February. Fanning expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $11,000 per month.
Required
Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February?
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