Question
Swingers Porch Swings Swingers Porch Swings makes custom porch swings The standard swing requires 10 linear feet of wood and 5 hours of labor Customers
Swingers Porch Swings Swingers Porch Swings makes custom porch swings The standard swing requires 10 linear feet of wood and 5 hours of labor Customers can add cup holders and/or a stain before the swing is finished with a clear coat. Adding cup holders requires 1 additional hour of labor and no additional direct materials Adding stain requires $25 of stain per swing and 2 additional hour of labor. Swings can be made of pine, oak or teak Pine costs $5 per linear foot Oak costs $12 per linear foot Teak costs $15 per linear foot Swing builders are paid $60/hour Estimated monthly Direct Labor Hours are 430 Overhead is allocated based on direct labor dollars
Total indirect product costs are as follows:
Description of Cost | Cost |
---|---|
Rent for the workshop | $10,000 |
Depreciation on machinery | $8,540 |
Indirect Materials | $8,000 |
Indirect Labor | $7,000 |
What is the total amount of Factory Overhead to be allocated?
Group of answer choices
18,540
25,540
26,540
33,540
2.
Swingers Porch Swings Swingers Porch Swings makes custom porch swings The standard swing requires 10 linear feet of wood and 5 hours of labor Customers can add cup holders and/or a stain before the swing is finished with a clear coat. Adding cup holders requires 1 additional hour of labor and no additional direct materials Adding stain requires $25 of stain per swing and 2 additional hour of labor. Swings can be made of pine, oak or teak Pine costs $5 per linear foot Oak costs $12 per linear foot Teak costs $15 per linear foot Swing builders are paid $60/hour Estimated monthly Direct Labor Hours are 430 Overhead is allocated based on direct labor dollars
Total indirect product costs are as follows:
Description of Cost | Cost |
---|---|
Rent for the workshop | $10,000 |
Depreciation on machinery | $8,540 |
Indirect Materials | $8,000 |
Indirect Labor | $7,000 |
Job #2 is an order for 40 swings made of made of oak with no stain and no cupholders.
What is the total cost Job #2?
Group of answer choices
40,800
32,400
15,600
570
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started