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Title: Fernandez Manufacturing uses a standard cost system. Standard and actual data for manufacturing ... Post by: Deprecated on Sep 21, 2016 Fernandez Manufacturing uses a standard cost system. Standard and actual data for manufacturing overhead are as follows:
Variable overhead allocation rate: $30 per direct labor hour Fixed overhead allocation rate: $10 per direct labor hour Actual overhead incurred (variable and fixed): $45,600 Standards for direct labor are as follows: Hours per unit 0.5, Direct labor cost per hour $18.00 Actual direct labor for the month: 1,200 hours for a total cost of $24,000 Actual and planned production for the month: 3,000 units Prepare the journal entry to allocate overhead cost (both variable and fixed) to production. Title: Re: Fernandez Manufacturing uses a standard cost system. Standard and actual data for manufacturing ... Post by: Mrgo-breed on Sep 21, 2016 Content hidden
Title: Re: Fernandez Manufacturing uses a standard cost system. Standard and actual data for manufacturing ... Post by: Deprecated on Oct 12, 2016 Makes perfect sense, thx
Title: Re: Fernandez Manufacturing uses a standard cost system. Standard and actual data for manufacturing ... Post by: Mrgo-breed on Oct 16, 2016 Excellent :)
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