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Acme Company has two manufacturing departments, P and Q, and…
Acme Company has two manufacturing departments, P and Q, and applies manufacturing overhead using departmental rates based on direct labor hours (DLHs). Here are estimated overhead data for the current year: During the current month, Acme starts and completes Job 71. Direct materials used are $28,800 and direct labor used is $43,000. Job 71 uses 280 DLHs in Department P and 640 DLHs in Department Q. Acme uses the cost-plus pricing method to set selling prices. The markup is 40% of total manufacturing costs. What is Acme’s selling price for Job 71?
Acme Company has two manufacturing departments, P and Q, and…
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Acme Cоmpаny hаs twо mаnufacturing departments, P and Q, and applies manufacturing оverhead using departmental rates based on direct labor hours (DLHs). Here are estimated overhead data for the current year: During the current month, Acme starts and completes Job 71. Direct materials used are $28,800 and direct labor used is $43,000. Job 71 uses 280 DLHs in Department P and 640 DLHs in Department Q. Acme uses the cost-plus pricing method to set selling prices. The markup is 40% of total manufacturing costs. What is Acme’s selling price for Job 71?
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