I need some help with these problems! thanks!! $ 1,533,000...
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Accounting
I need some help with these problems! thanks!!
$ 1,533,000 106 107 Manufacturing Overhead is budgeted for the upcoming year as: 108 These costs are divided into two cost pools for assignment to WIP 109 based on the use of predetermined rates. Percent of Total Overhead Cost Driver Machine Hrs Direct Labor Hrs Machinery and Facilities OH Personnel and Scheduling OH 404 60% 116 The amount of budgeted MFG overhead assigned to machinery & facilities is? 118 The amount of budgeted MFG overhead assigned to personnel & scheduling is? 119 120 The predetermined OH rate for machinery & facilities is? 121 122 The predetermined OH rate for personnel & scheduling is? 8 DATA 9 2020 projected sales: Product 11 P1 Sales 41,000 76,000 Price $64.00 $77.00 12 P2 14 2020 projected Finished Goods inventory balance (units) Product 1/1/2020 12/31/2020 16 P1 10,000 12,000 22,000 20,000 17 P2
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