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Thornton Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Thornton expects to incur $648,000 of overhead cost during the next fiscal
Thornton Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Thornton expects to incur $648,000 of overhead cost during the next fiscal year. Other budget information follows. Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Complete this question by entering your answers in the tabs below. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. \begin{tabular}{|l|l|l|l|l|l|} \hline Product & Allocation Rate & x & Weight of Base & = Allocated Cost \\ \hline Vogue & & x & = & \\ \hline Beauty & & x & & \\ \hline Glamour & & x & & = & \\ \hline \multicolumn{2}{|l|}{ Total } & & & \\ \hline \end{tabular} Required A Required B >
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