Question
The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufacturing overhead costs $ 1,200,000 $ 3,600,000 Direct
The following data relates to Spurrier Company's estimated amounts for next year.
| Estimated: | Department 1 | Department 2 | ||||
| Manufacturing overhead costs | $ | 1,200,000 | $ | 3,600,000 | ||
| Direct labor hours | 540,000 | DLH | 900,000 | DLH | ||
| Machine hours | 240,000 | MH | 24,000 | MH | ||
Overhead for Department 1 is allocated based on Machine Hours and Department 2 based on Direct Labor Hours
How much overhead will be assigned to a product that requires 4 Machine Hours in Department 1 and 2 Direct Labor Hours in Department 2? (rounded to zero decimal places)
DON'T USE COMMA SEPARATORS
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Machine Learning In Finance From Theory To Practice
Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon
1st Edition
3030410676, 978-3030410674
