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QveST [7]
3 years ago
12

Required information

Business
1 answer:
Bezzdna [24]3 years ago
8 0

Answer:

Total allocated costs= $19

Explanation:

<u>First, we need to calculate the predetermined manufacturing overhead rate for each department:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 390,000 / 390,000= $1 per machine hour

Finishing= 581,100 / 149,000= $3.9 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 1*3.4= $3.4

Finishing= 3.9*4= $15.6

Total allocated costs= $19

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Answer:

Polo will report $318,750 as its investment in Stallion at December 31, 20X8

Explanation:

Common stock = $300,000 acquired at 75%

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7 0
3 years ago
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Answer:

26.4%.

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