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The Bruno Company uses a flexible budget and standard costs to aid planning and control of its machining manufacturing operations. Its costing system for
The Bruno Company uses a flexible budget and standard costs to aid planning and control of its machining manufacturing operations. Its costing system for manufacturing has two categories (direct materials and direct manufacturing labor-both variable) and two overhead-cost categories (variable manufacturing overhead and fixed manufacturing overhead, both allocated using direct manufacturing labor-hours). The following actual results are for August (Click the icon to view the results.) Some additional information about Bruno Company's budget, standard costs and labor follows: (Click the icon to view additional information.) Read the requirements Requirement 1. Compute the listed amounts for August Determine the formula, then complete the computation for each. (Abbreviations used: DM Direct materials, mfg. manufacturing, OH Overhead.) a. Total pounds of direct materials purchased. Pounds of DM purchased
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