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Rooney Manufacturing Company produced 2,400 units of inventory in January, Year 2. It expects to produce an additional 10,300 units during the remaining 11 months
Rooney Manufacturing Company produced 2,400 units of inventory in January, Year 2. It expects to produce an additional 10,300 units during the remaining 11 months of the year. In other words, total production for year 2 is estimated to be 12,700 units. Direct materials and direct labor costs are $83 and $64 per unit, respectively. Rooney expects to incur the following manufacturing overhead costs during the year 2 accounting period.
Rooney Manufacturing Company produced 2,400 units of inventory in January, Year 2 . It expects to produce an additional 10,300 units during the remaining 11 months of the year. In other words, total production for year 2 is estimated to be 12,700 units. Direct materials and direct labor costs are $83 and $64 per unit, respectively. Rooney expects to incur the following manufacturing overhead costs during the year 2 accounting period. Required Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. Determine the cost of the 2,400 units of product made in January. Complete this question by entering your answers in the tabs below. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost drive is number of units. (Round your answer to 2 decimal places.) Determine the cost of the 2,400 units of product made in JanuaryStep by Step Solution
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