Question
Richmond Company's predetermined overhead rate for manufacturing overhead is $31 per direct labour hour. The direct labour rate is $35 per hour. If the budgeted
Richmond Company's predetermined overhead rate for manufacturing overhead is
$31
per direct labour hour. The direct labour rate is
$35
per hour. If the budgeted direct labour cost was
$563,500
, what was the budgeted manufacturing overhead?\ Budgeted manufacturing overhead\
$
\ 18,177\ Print\ References\ 2. Yamini wants to compute the total cost for preparing corporate tax return for his client. His labour is the only direct cost at
$86
per hour. He estimates monthly overhead costs at
$7,720
for 150 direct labour hours. If the tax return requires 15 hours to prepare, what will be the total direct cost, indirect cost and job cost respectively?\ \\\\table[[,Amount],[Total direct cost,
$
,1,290],[Total indirect cost,
$
,772],[Total job cost,
$
,2,062]]
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