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Sheridan Stairs Co. designs and bulds factory-made premlum wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers. hand rails) permit installation of stairways
Sheridan Stairs Co. designs and bulds factory-made premlum wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers. hand rails) permit installation of stairways of varying lengths and widths. Af are of white oak wood. Budgeted manufacturing overhoad costs for the year 2022 are as followe. For the last 4 years, Sheridan Stairs Co, has been charging overhead to products on the basis of machine hours. For the year 2022. 100,000 machine hours are budgeted. Jeremy Nolan, owner-manager of Sheridan Stairs Co. recently directed his accountant, Bill Seagren, to implement the activity-based costing system that he has repeatedly proposed. At Jererny Nolan's request, Bill and the production foreman identify the following cost drivers and their usage for the previously budgeted overhead cost pools. Steve Hannon. sales manager, has recelved an order for 250 stairways from Community Builders. Inc. a large housing development. contractor. At Steve's request, Bill prepares cost estimates for producing components for 250 stairways so Steve can submit a contract. price per stairway to Community Bulders. He accumulates the following data for the production of 250 stairways Steve Hannon, sales manager, has recelved an order for 250 stainways from Commuinity Bullders, Inc, a large houning development. contractor: At Steves request, Bill prepares cost estimates for producing components for 250 stairwars so 5 teve can submit a contract. price per stainway to Community Bullders. He accumulates the following data for the production of 250 stairway. Calculate total overhead assigned under ABC. Total overhead assigned
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