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step by step solving please , i want to understand it i have a final Accounting 202- ABC Shralah Company makes two products, Standard and
step by step solving please , i want to understand it i have a final
Accounting 202- ABC Shralah Company makes two products, Standard and Unique. The Standard product line is a high-volume line, and the Unique line is a low-volume, specialized product. In the past, Sharjah Company used machine hours to apply overhead to its products. Late last year, a POR was developed using the following data: Budgeted annual overhead cost: $ 2,000,000 Estimated machine hours 20,000 hours The POR would be: Other per unit costs for the two products are: Standard Unique Direct material S 100 $ 200 Direct labor 20 30 Actual results for the month of January are: Standard Unique Actual production (units) 1,000 units 200 units Actual machine hours 1,500 MH 500 MH Using a single budgeted MOH rate to apply overhead Compute total product cost and the cost per unit for each product in January using a single rate to allocate manufacturing overhead to the products Standard Unique Total MOH Cost Per Unit Cost Direct materials Direct labor Manufacturing overhead Unit Product Cost S Step by Step Solution
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