42 - 4-17(20 min Actual costing normal costing accounting...

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Unformatted text preview: 4-17 (20 min.) Actual costing, normal costing, accounting for manufacturing overhead. 1. Budgeted manufacturing = overhead rate labor costs Budgeted direct manufacturing overhead costs Budgeted manufacturing = $2,700,000 = 1.80 or 185% $1,500, 000 overhead rate = Actual manufacturing labor costs Actual direct manufacturing overhead costs Actual manufacturing = $2,755,000 = 1.9 or 190% $1, 450, 000 2. Costs of Job 626 under actual and normal costing follow: Actual Normal ...
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This note was uploaded on 03/08/2011 for the course ACCOUNTING 14 taught by Professor Saeedi during the Spring '11 term at Amirkabir University of Technology.

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