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Shimmer Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. Machine setup-hours is
Shimmer Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. Machine setup-hours is the only driver of manufacturing overhead costs. Shimmer has a set up capacity of 1,210 hours. EEB (Click the icon to view the information.) Calculate the manufacturing overhead costs budget (labiData Table Schedule 5: Manufacturing Overhead CostsB for the Year Ending December 31, 2017 Machine Setup Overhead Costs Knox Ayer 22,000 lamps 1,000 lamps 1. Quantity of lamps to be produced 2. Number of lamps to be produced per batch 3. Setup time per batch Variable cost $90 per setup-hour 200 lamps/batch 50 lamps/batch 3 hours/batch hours/batch Total manufacturing overhead costs Fixed cost $79,000 Print Done
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