Laudermilk produces dairy equipment most of its jobs have a, Ask an Expert

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Laudermilk produces dairy equipment. Most of its jobs have a number of units per job. The company has two different departments through which all jobs pass. Overhead is applied using a plantwide rate of $13 per direct labor hour. Direct Labor wages average $8 an hour. Data for Job #3 for the year is:

Direct Materials           $40,000
Direct Labor Costs
Dept. A                      60,000
Dept. B                      12,000
Machine hours used
Dept. A                     200
Dept. B                     2,400
Units Produced          20,000

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Accounting Basics, Accounting

Category:- Accounting Basics
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