Solution-Determined the annual manufacturing overhead

Determined the annual manufacturing overhead cost-allocation

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Reference no: EM132834491

Question - Fabric textile manufacturer using machine -hours as the single indirect -cost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. We have following estimates for the company and for the Princess Margaret High School Jacket job:

Company Princess Margaret High School

Direct materials $20,000 $800

Direct manufacturing labor $10,000 $600

Manufacturing overhead cost $30,000

Machine-hours 10,000 mh 800mh

Required -

a. Determined the annual manufacturing overhead cost-allocation rate.

b. Determine the amount of manufacturing overhead cost allocated to Princess Margaret high school.

c. Determine the estimated total manufacturing costs for the Princess Margaret High School.

Reference no: EM132834491

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Determined the annual manufacturing overhead cost-allocation

Reference no: EM132834491

Reference no: EM132834491

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