COST ACCOUNTING
6th Edition
ISBN: 9781260951516
Author: LANEN/ANDERSON
Publisher: MCG
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Textbook Question
Chapter 7, Problem 28E
Predetermined Overhead Rates
Dixboro Company manufactures one product and accounts for costs using a
- Total
manufacturing cost during the year was $16,500,000 based on actual direct material, actual direct labor, and applied manufacturing overhead. - Manufacturing overhead was applied to work in process at 66.67 percent (two-thirds) of direct labor dollars. Applied manufacturing overhead for the year was 40 percent of the total manufacturing cost during the year.
Required
Compute actual direct material used, actual direct labor, and applied manufacturing over-head. (Hint: The total of these costs is $16,500,000.)
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COST ACCOUNTING
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