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Sheffield Company uses a standard cost system. Indirect costs were budgeted at $210,900 plus $12 per direct labour hour. The overhead rate is based
Sheffield Company uses a standard cost system. Indirect costs were budgeted at $210,900 plus $12 per direct labour hour. The overhead rate is based on 11,100 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead 9,330 11,100 $188,400 $183,500
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