Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 10 Jul 2017 My Price 11.00

women's handbag

Leather Company makes two types of women's handbags. Making a standard handbag requires 2 hours of labor while making a deluxe handbag requires 5 hours of labor. During the most recent accounting period the company made 2,000 standard handbags and 500 deluxe handbags. Indirect manufacturing costs amounted to $52,000. Based on this information: A. $16 of overhead cost should be assigned to each standard handbag and $40 of overhead cost should be assigned to each deluxe bag. B. None of the these. C. $8 of overhead cost should be allocated to each handbag regardless of the type of handbag made. D. $20.80 of overhead cost should be allocated to each handbag regardless of the type of handbag made.12) Leather Company makes two types of women's handbags. Making a standard handbag requires 2 hours of labor while making a deluxe handbag requires 5 hours of labor. During the most recent accounting period the company made 2,000 standard handbags and 500 deluxe handbags. Indirect manufacturing costs amounted to $52,000. Based on this information:

A. $16 of overhead cost should be assigned to each standard handbag and $40 of overhead cost should be assigned to each deluxe bag.
B. None of the these.
C. $8 of overhead cost should be allocated to each handbag regardless of the type of handbag made.
D. $20.80 of overhead cost should be allocated to each handbag regardless of the type of handbag made.

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Jul 2017 12:07 PM My Price 11.00

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