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ut of Take me to the text The following information was reported by Bard Company relating to its first year of operations. Note that
ut of Take me to the text The following information was reported by Bard Company relating to its first year of operations. Note that Bard has only identified direct labor and direct materials as direct costs. Item Advertising Expenditures Expected Cost Actual Cost Depreciation on Factory Equipment $159,400 $522,200 $527,000 $154,900 Direct Labor Direct Materials $854,000 $887,000 $1,251,000 $1,222,000 Factory Supplies $93,400 $105,300 Head Office General Expenditures $372,700 $352,500 Head Office Salaries $326,800 $367,100 Heating in Factory Income Taxes $127,400 $121,900 $2,016,000 $2,565,000 Machine Repair and Maintenance $94,500 $109,700 Production Supervisor Wages $129,500 $129,000 $990,000 $933,300 $120,400 $121,600 $489,400 $471,900 $7,546,700 $8,068,200 Rent for Factory Office Supplies Sales Expenditures Total Bard Company allocates manufacturing overhead using a predetermined overhead rate. Bard uses direct labor hours as an allocation base and incurs 34, 100 direct labor hours
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