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Required information [ The following information applies to the questions displayed below. ] The following selected data were taken from the accounting records of Metcalf
Required information
The following information applies to the questions displayed below.
The following selected data were taken from the accounting records of Metcalf Manufacturing. The company uses direct
labor hours as its cost driver for overhead costs.
March's costs consisted of machine supplies $ depreciation $ and plant maintenance These
costs exhibit the following respective behavior: variable, fixed, and semivariable.
The manufacturing overhead figures presented in the preceding table do not include Metcalf's supervisory labor cost,
which is stepfixed in nature. For volume levels of less than hours, supervisory labor amounts to $ The cost
is $ from to hours and $ when activity reaches hours or more.
Required:
Determine the machine supplies cost and depreciation for January.
Using the highlow method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost
per directlabor hour.
Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing
overhead the company can expect in November if directlabor hours are worked.
Complete this question by entering your answers in the tabs below.
Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of
manufacturing overhead the company can expect in November if directlabor hours are worked.
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