Question
What is the estimated overhead cost, rounded to the nearest whole dollar, if 431 direct labour hours are expected to be used in the upcoming
What is the estimated overhead cost, rounded to the nearest whole dollar, if 431 direct labour hours are expected to be used in the upcoming period?
Slope 72.48
Intercept 392.41
Correlation coefficient .897
A 32484
B 29793
C 30872
D 31631
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Given the slope of 7248 this means that for every hour of direct labo...
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
