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TB MC Qu. 5-66 Wings Co. budgeted $555,600 manufacturing ... Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following
TB MC Qu. 5-66 Wings Co. budgeted $555,600 manufacturing ... Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing overhead: Budgeted Level for Cost Driver 3,200 pounds 390 setups 30,000 machine hours 160 inspections Overhead Cost Pool Materials handling Machine setup Machine repair Inspections Budgeted Overhead Cost $160,000 13,260 1,380 10,560 Requirements for Job #971 which manufactured 4 units of product: Direct labor Direct materials Machine setup Machine hours. Inspections 20 hours 130 pounds 30 setups 15,000 machine hours 15 inspections Using ABC, overhead cost assigned to Job # 971 for machine repair is: Overhead Cost Driver Weight of materials Number of setups Machine hours Number of inspections. (This is for Machine Repair!) TY
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