Reference no: EM132928039
Question - XYZ Corp uses an ABC costing system. It has projected the following indirect costs:
(Yearly Budgeted Costs)
Building Depreciation $200,000.00
Machine Maintenance $95,000.00
Building Insurance $12,000.00
Machine depreciation Cost $345,000.00
Machine Electrical Cost $130,000.00
Building Utility Cost $48,000.00
Building Janitorial Cost $36,000.00
Total Costs (Yearly Budgeted Drivers)
Machine Hours $500,000.00
Building Square Footage $20,000.00
Direct Labor Hours $350,000.00
Units Produced $200,000.00
Using the best cost driver for the Building Cost Pool, calculate the predetermined overhead rate for the month.
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