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Quiz Fine THE Bauer Manufacturing uses departmental cost driver rates to allocate manutacturing overhead costs to products. Manufacturing overhead costs are allocated on teh basis

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Quiz Fine THE Bauer Manufacturing uses departmental cost driver rates to allocate manutacturing overhead costs to products. Manufacturing overhead costs are allocated on teh basis of machine-hours in teh Machining Department and on teh basis of direct labor-hours in teh Assembly Department. At teh beginning of 20x1 teh following estimates were provided for teh coming year: Machining Assembly Direct labor-hours 30,000 60,000 Machine-hours 80,000 20,000 Direct labor cost $500,000 $9 000 Manufacturing overhead costs $420,000 $240,000 120 Teh accounting records of teh company show teh following data for Job #477: Machining Assembly Direct labor-hours 70 Machine-hours 60 5 Direct material cost $300 $200 Direct labor cost $100 $400 Bauer Manufacturing, what are teh annual manufacturing overhead cost-allocation rates for teh Machining Department? What amount of manufacturing overhead costs will be allocated to Job #477? What is teh difference between actual, normal costing and extended normal costing? What is teh most frequently used? Why? [bonus question - 3points)

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