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Compute the actual and budgeted manufacturing overhead

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Reference no: EM132582968

Products uses a? job-costing system with two? direct-cost categories? (direct materials and direct manufacturing? labor) and one manufacturing overhead cost pool. Davey allocates manufacturing overhead costs using direct manufacturing labor costs.

Davey provides the following? information:

Direct material costs                            $2,000,000                   $1,925,000

Direct manufacturing labor costs             1,800,000                     1,720,000

Manufacturing overhead costs                 3,420,000                       3,526,000

Requirement

Question 1. Compute the actual and budgeted manufacturing overhead rates for 2017

Reference no: EM132582968

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