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See the reference sheet for details of this problem. Assume the plant-wide rate is $63.00 per labor hour. How much total overhead is assigned to
See the reference sheet for details of this problem. Assume the plant-wide rate is $63.00 per labor hour. How much total overhead is assigned to the production of the Holiday baskets?
Cooking 1,000 batches Pre-made, purchased items included in the Holiday Basket cost RGB $20.00 per basket. For the Executive Basket this cost is $25.00 per basket. RGB's standard pricing policy is to sell its baskets at a mark-up of 100% over the total cost of each product. (l.e., if a basket costs $10, then RGB sets the selling price at $20). Additional detail pertaining to the products, the Holiday Basket and the Executive Basket, are given in the following table. Note that Assembling and Quality Inspection use the same cost driver - manufacturing labor hours. Holiday Basket Number of units 15,000 units Total mfg. labor hours 2,500 MLH Design hours 400 design hours Batches 150 batches Executive Basket 10,000 units 5,000 MLH 600 design hours 200 batches shior 000.00 DOO 000,0012 000.00 gab groot SDH nosos Uosts Cooking 1,000 batches Pre-made, purchased items included in the Holiday Basket cost RGB $20.00 per basket. For the Executive Basket this cost is $25.00 per basket. RGB's standard pricing policy is to sell its baskets at a mark-up of 100% over the total cost of each product. (1.e., if a basket costs $10, then RGB sets the selling price at $20). Additional detail pertaining to the products, the Holiday Basket and the Executive Basket, are given in the following table. Note that Assembling and Quality Inspection use the same cost driver - manufacturing labor hours. Holiday Basket Number of units 15,000 units Total mfg. labor hours 2,500 MLH 400 design hours Batches 150 batches Executive Basket 10,000 units 5,000 MLH 600 design hours 200 batches Design hours 000.00 nego gros 9.00 000 ods are noStep by Step Solution
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