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The Dorilane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify
The Dorilane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify producing its full capacity of sets per year. Annual cost data at f
Required
Required
Enter the dollar amount of each cost item under the appropriate headings. Note that each cost item is classified in two ways: first, as variable or fixed with respect to the number of units produced and sold; and second, as a selling and administrative cost or a product cost. If the item is a product cost, it should also be classified as either direct or indirect.
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The Dorilane Company produces a set of wood patio furniture consisting of a table and four chairs. The company has enough customer demand to justify producing its full capacity of sets per year. Annual cost data at full capacity follow:
tableDirect labor,$ull capacity follow:
tableDirect labor,$
Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month.
Required:
For questions to assume that Sweeten Company uses departmental predetermined overhead rates with machinehours as the allocation base in both departments and Job P included units and Job Q included units. For questions to assume that the company uses a plantwide predetermined overhead rate with machinehours as the allocation base.
What was the company's plantwide predetermined overhead rate? Round your answer to decimal places.
Answer is complete but not entirely correct.
Predetermined overhead rate
$
per MH
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