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Required information (The following information applies to the questions displayed below.) Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand.
Required information (The following information applies to the questions displayed below.) Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete the miniatures. Next year's expected activities are shown in the following table Direct labor hours Machine hours Molding 78,000 DLH 101,000 MH Finishing 163,500 DLH 8 4,500 MH Tarnish Industries uses departmental overhead rates and is planning on a $3 per direct labor hour overhead rate for the molding department. Compute the estimated manufacturing overhead cost for the molding department given the information shown in the table. Tarnish Industries uses departmental overhead rates and is planning on a $4.40 per direct labor hour overhead rate for the finishing department Compute the estimated manufacturing overhead cost for the finishing department given the information shown in the table. Tarnish Industries uses departmental overhead rates and is planning on a $2.10 per machine hour overhead rate for the molding department. Compute the estimated manufacturing overhead cost for the molding department given the information shown in the table. Tarnish Industries uses departmental overhead rates and is planning on a $2.30 per machine hour overhead rate for the finishing department. Compute the estimated manufacturing overhead cost for the finishing department given the information shown in the table
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