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Harrington Company uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate is based on machine-hours in the Machining Department and direct labor cost in the Assembly Department. At the beginning of the year, the company made the following estimates: Machining Assembly Direct labor hours 16,000 12,000 Direct labor cost $ 20,000 $ 15,000 Machine-hours 5,000 1,000 Manufacturing overhead $ 25,000 $ 30,000 What predetermined overhead rates would be used in the Machining and Assembly Departments, respectively?
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In April of the current year, Steelman Press Company transferred Ken Sherm from its factory in Louisiana to its plant in Florida.
The standard number of hours that should have been worked for the output attained is 10,000 direct labor hours and the actual number of direct labor hours worked was 10,500. If the direct labor price variance was $10,500 unfavorable, and the stand..
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a machine costs 180000 and is expected to yield an after-tax net income of 10800 each year. management estimates the
the st. augustine corporation originally budgeted for 360000 of fixed overhead. production was budgeted to be 12000
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