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Wiki Wiki Company has determined that the variable overhead rate is $3 per direct labor hour in the Fabrication Department. The normal production capacity for
Wiki Wiki Company has determined that the variable overhead rate is $3 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 18,000 hours for the month. Fixed costs are budgeted at $81,000 for the month. Question Content Area a. Prepare a monthly factory overhead flexible budget for 17,200, 18,000, and 18,800 hours of production. Enter all amounts as positive numbers.
Flexible Overhead Budget Wiki Wiki Company has determined that the variable overhead rate is $3 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 18,000 hours for the month. Fixed costs are budgeted at $81,000 for the month. a. Prepare a monthly factory overhead flexible budget for 17,200,18,000, and 18,800 hours of production. Enter all amounts as positive numbers. b. How much overhead would be applied to production if 18,800 hours were used in the department during the month? If required, round your calculations to two decimal places and your final answer to the nearest dollar. Flexible Overhead Budget Wiki Wiki Company has determined that the variable overhead rate is $3 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 18,000 hours for the month. Fixed costs are budgeted at $81,000 for the month. a. Prepare a monthly factory overhead flexible budget for 17,200,18,000, and 18,800 hours of production. Enter all amounts as positive numbers. b. How much overhead would be applied to production if 18,800 hours were used in the department during the month? If required, round your calculations to two decimal places and your final answer to the nearest dollarStep by Step Solution
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