The management of Classic Car Accessory Company, described in Problem 11-1B, now plans to use the multiple

Question:

The management of Classic Car Accessory Company, described in Problem 11-1B, now plans to use the multiple production department factory overhead rate method. The total factory overhead associated with each department is as follows:

Stamping Department .....$324,000

Plating Department .......99,000

Total .............$ 423,000

Instructions

1. Determine the multiple production department factory overhead rates, using direct labor hours for the Stamping Department and machine hours for the Plating Department.

2. Determine the product factory overhead costs, using the multiple production department rates in (1).


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Managerial Accounting

ISBN: b010ikdqzm

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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