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skad [1K]
3 years ago
10

Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expe

nses for the coming period are as follows:
Engine parts $760,400
Shop direct labor 555,000
Shop and repair equipment depreciation 57,000
Shop supervisor salaries 158,500
Shop property taxes 28,800
Shop supplies 22,100
Advertising expense 15,200
Administrative office salaries 65,400
Administrative office depreciation expense 8,400
Total costs and expenses $1,670,800

The average shop direct labor rate is $15.00 per hour.

Required:
Determine the predetermined shop overhead rate per direct labor hour.
Business
1 answer:
yulyashka [42]3 years ago
3 0

Answer:

See bekow

Explanation:

Number of direct labor hours = 555,000 / 15 = 37,000

Overhead cost = $57,000 + $158,500 + $28,800 + $22,100

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4 0
3 years ago
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6 0
3 years ago
The price elasticity of demand for a particular cancer drug is zero and the price elasticity of supply is 0.50. If a $1 excise t
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3 years ago
The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the begin
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Answer:

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5 0
3 years ago
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