COST ACCOUNTING >C<
COST ACCOUNTING >C<
15th Edition
ISBN: 9781323065846
Author: Pearson
Publisher: PEARSON C
Question
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Chapter 4, Problem 4.32P

1.

To determine

To prepare: An overview diagram of K job costing system.

2.

To determine

To compute: The budgeted direct cost rate per hour of professional labor for the year 2014.

Given information:

Budgeted direct cost is $97,500.

Budgeted direct labor hour is 1,500.

3.

To determine

To compute: The budgeted indirect cost rate per hour of professional labor for the year 2014.

Given information:

Indirect cost is $2,475,000.

Budgeted direct labor hour is 1,500.

Number of employees is 30.

4.a

To determine

To prepare: A statement that shows the cost estimate for R Incorporation.

b.

To determine

To prepare: A statement that shows the cost estimate for P Incorporation.

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