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Solomon Corporation estimated its overhead costs would be $22,200 per month except for January when it pays tl insurance premium on the manufacturing facility. Accordingly,

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Solomon Corporation estimated its overhead costs would be $22,200 per month except for January when it pays tl insurance premium on the manufacturing facility. Accordingly, the January overhead costs were expected to be $15 $22.200). The company expected to use 7600 direct labor hours per month except during July, August, and Septer company expected 9,400 hours of direct labor each month to build inventories for high demand that normally occur Christmas season. The company's actual direct labor hours were the same as the estimated hours. The company me product in each month except July, August, and September, in which it produced 4700 units each month Direct labe $23.50 per unit, and direct materials costs were $1160 per unit. Required a. Calculate a predetermined overhead rate based on direct labor hours. b. Determine the total allocated overhead cost for January, March, and August c. Determine the cost per unit of product for January, March, and August d. Determine the selling price for the product, assuming that the company desires to earn a gross margin of $2120 p Complete this question by entering your answers in the tabs below. REGA Rea B to D Determine the total allocated overhead cost, the cost per unit of product and the selling price for the product for January, March, and August. Assume that the company desires to earn a gross margin of 521.20 per unit. (Do not found intermediate calculations. Round cost per unit and inceperunt 2 decimace Round your total located overeat cost to nearest whole della e r t t y U o d f 8 h j . enter C V b n m > ? alt Ctrl

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