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Sharp Company manufactures a variety of electric razors for men and women. The company's plant is partially automated. Listed below is cost driver information used
Sharp Company manufactures a variety of electric razors for men and women. The company's plant is partially automated. Listed below is cost driver information used in the product-costing system: Overhead Cost Pool Machinery depreciation/maintenance Factory depreciation/utilities/insurance Product design Material handling Budgeted Overhead Budgeted Cost Driver Cost Level $ 197,176 31,500 140,840 31,500 676,032 43,120 1,295,728 217,000 Cost Driver Machine hours Machine hours Hours in design Pounds of raw materials In addition, Sharp Company expects to spend $563,360 for 8,048 direct labor-hours. Two current product orders had the following requirements: Men's Razors 18,000 30 581 20 Women's Razors 25,000 40 Units produced and sold Direct labor hours Pounds of raw materials Hours in design Machine hours 471 23 49 64 What is the total manufacturing overhead assigned to the current order for Men's Razors if the firm uses a volume-based plant wide overhead rate based on direct labor dollars? Multiple Choice $1,470.00. $10,496.00. $291.10. $8,610.00 $18,368.00
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