Question
The following information was drawn from the accounting records of Marlin Manufacturing Co. Product 1 Product 2 Product 3 Direct Material Cost $ 35,000 $
The following information was drawn from the accounting records of Marlin Manufacturing Co.
| Product 1 | Product 2 | Product 3 | |||||||
| Direct Material Cost | $ | 35,000 | $ | 40,000 | $ | 45,000 | |||
| Direct Labor Cost | $ | 50,000 | $ | 60,000 | $ | 70,000 | |||
| Direct Labor Hours | 1,600 | hours | 2,200 | hours | 2,400 | hours | |||
Factory overhead is estimated to be $63,000 and is applied on a basis of direct labor dollars. This overhead cost is not traceable to any particular product. Factory overhead allocated to Product 2 is
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Cost Accounting Theory And Practice
Authors: R. Palaniappan, N. Hariharan
1st Edition
9380578342, 978-9380578347
