The sawtooth leather company manufactures leather handbags, Ask an Expert

Accounting

The Sawtooth Leather Company manufactures leather handbags and moccasins. For simplicity reasons, they have decided to use the single plantwide factory overhead rate method to allocate factory overhead.

Handbags = 60,000 units, 2 hours of direct labor
Moccasins= 40,000 units, 3 hours of direct labor
Total Budgeted factory overhead cost = $360,000

Calculate the amount of factory overhead to be allocated to each unit using direct labor hours. Round your answer to two decimal places, if necessary.

Handbags: _____$ per unit
Moccasins: _____$ per unit

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9949570

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