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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(Determination of Overhead Rate) Wolf Creek Industries produces custom uniforms. The company uses machine hours to allocate manufacturing overhead costs to jobs. The following yearly information was compiled for Wolf Creek:
Direct materials |
$245,000 |
Direct labour |
$325,000 |
Manufacturing overhead |
$454,000 |
Machine hours |
45,000 |
During the year, Wolf Creek completed a job for Carston College's cheerleading team; details are as follows:
Direct materials cost per uniform |
$35 |
Direct labour cost per uniform |
$38 |
Total machine hours per uniform |
3.5 |
Total number of uniforms sold |
65 |
What is the manufacturing overhead rate used by Wolf Creek?
What is the cost of making one uniform for Carston College?
What is the total cost of the Carston College job?
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