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Reference: Accounting for Decision Making and Control 10th Edition by Jerold Zimmerman Please Help me with this practice question Hercules Hair Restorer Inc. (HHRI) makes
Reference: Accounting for Decision Making and Control 10th Edition by Jerold Zimmerman
Please Help me with this practice question
Hercules Hair Restorer Inc. (HHRI) makes many varieties of hair restoration products which are sold under wellsknown marketing labels. A single batch contains 10.000 8-02. bottles and takes two days to make. Typically 15 batches are completed per month, for different brands. Basic cost data forthe month otJanuary appears below Hair by Zeus Bottle Batch Cost per January's other expenses Oil, fl. oz. 2 $ 3 Supervision $ 8,666 Lotion, fl. oz. 4 $ 1 Indirect materials $ 2,266 Zeus potion, fl. 02. 1/4 $ 24 Equipment deprec & repairs $14,526 Alcemena scent 1/16 $ 48 Plant manager's salary $ 6,566 Bottle, cap, label 1 $6.4 Utilities $ 1,866 Direct labor, hour 56 $ 14 $33,626 Machine hours 8 The firm uses absorption costing and allocates overhead on the basis ofJanuary's actual expenses and direct labor hours. For batches made in January. which is true? (Do not round your intermediate calculations.) Multiple Choice 0 Direct materials costs total $192,200 0 Direct labor and direct material cost per batch is $192 900 O Overhead per direct labor hour amounts to $41.09 O The full cost of 20 bottles is $393.80 O None of the choices are correctStep by Step Solution
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