Problem 20 - Problem 15-46 (50 minutes) 1. Budgeted...

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Problem 15-46 (50 minutes) 1. Budgeted overhead costs: Departme nt I Department II Variable overhead Department I: 37,500 × $12 . .............. $450,000 Department II: 37,500 $6 . ................ $ 225,000 Fixed overhead . ..................................... 225,000 225,000 Total overhead . ...................................... $675,000 $ 450,000 Total budgeted overhead for both departments ($675,000 + $450,000) . .... $1,125,000 Total expected direct-labor hours for both departments (37,500 + 37,500) . ... 75,000 Predetermined overhead rate = = = $15.00 per direct-labor hour 2. Standard Deluxe Total cost . ................................................. $600.00 $750.00 Markup (15% of cost) Standard: $600 .15 . ........................... 90.00 Deluxe: $750 .15 . ............................... ______ 112.50 Price . ........................................................ $690.00 $862.50
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3. Departme nt I Department II Budgeted overhead (from requirement 1). .......................................................... $675,000
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Problem 20 - Problem 15-46 (50 minutes) 1. Budgeted...

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