Question
Use the data below to calculate the amount of overhead allocated to product 1 assuming that factory overhead is allocated based on direct material cost.
Use the data below to calculate the amount of overhead allocated to product 1 assuming that factory overhead is allocated based on direct material cost.
overhead 62600
Production units
Product 1: 1954
Product 2: 3612
Machine hours per product
Product 1
| Element | Units | $ per unit |
| DM component 1 | 4 oz | 99.1/oz |
| DL Assistant | 6 | 29 |
Product 2
| Element | Units | $ per unit |
| DM component 2 | 14.43 ounces | $5/ounce |
| DL Assistant | 10 | 29 |
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How To Start And Run Your Business The Right Way A Guide To Protecting You And Your Business From Lawsuits And Audits
Authors: Michael Bowman Esq.
1st Edition
1732473110, 978-1732473119
