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The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per hour. The predetermined overhead rate is $22.00 per direct
The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 3,760 hours of direct labor at an average rate of $14.30 per hour and $76,240 of manufacturing overhead costs. It produced 1,880 units.
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Accounting Information Systems The Processes and Controls
Authors: Leslie Turner, Andrea Weickgenannt
2nd edition
9781118473030, 1118162307, 1118473035, 978-1118162309
