Problemduring june assembly department no 4 of hot tech, Ask an Expert

Accounting

Problem:

During June, Assembly Department no. 4 of Hot Tech produced 15,000 model 201 computer keyboards. Assembly of these units required 1,875 hours of direct labor at a cost of $45,500, direct materials costing $121,000, and 400 hours of machine time. Based on an analysis of overhead costs at the beginning of the year, overhead is applied to keyboards using the following formula: Overhead = 120% of Direct Labor Cost + $350 per Machine Hour

Required:

Question 1: Compute the total amount of overhead cost applied to the 15,000 keyboards.

Question 2: Compute the per-unit cost of manufacturing these keyboards.

Note: Be sure to show how you arrived at your answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164412

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