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See problem 19-1 and solve Wd since redu WUN Then the overhead volume variance is Problems roblem 19-1. estimated average monthly factory costs for 2005
See problem 19-1 and solve
Wd since redu WUN Then the overhead volume variance is Problems "roblem 19-1. estimated average monthly factory costs for 2005 were as follows: Direct material cost Direct labor cost Overhead cost Average Monthly Costs $ 60,000 300,000 180,000 Its estimated average monthly direct labor-hours are 20,000. Among the jobs worked on in November 2005 were two jobs, G and H, for which the following information was collected: Direct material cost Direct labor cost Direct labor-hours Job G $10,000 28,000 2,400 Job H $10,000 32,000 2,800 Required: a. Compute the overhead rate for Veronica Company. b. Compute the total production costs of jobs G and H. c. At what amounts would customers be billed if the company's practice was to chuf 180 percent of the production cost of each job? with (S.) + F - (P.) fixed overhead costs. Variable costing still charges F. The difference becomes (5.) + F - (P.1) - Fr. (S-P), and the arguments in cases 1, 2 and 3 above still hold Veronica Company allocates overhead costs to jobs on the basis of direct labor-hours Step by Step Solution
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