201-Quiz4-Version1(Pink)-S'10

5hoursat300perhour fixedoverhead

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Unformatted text preview: ct Labor ...................................................... 5 Hours at $6.00 per Hour Variable Overhead ......................................... 5 Hours at $3.00 per Hour Fixed Overhead .............................................................. $60,000 per Month Fixed Overhead is applied to each unit on the basis of Direct Labor Hours. It was budgeted that 25,000 Direct Labor Hours (5,000 desks @ 5 DLH/desk) would be used during the month. Actual transactions during February follow: a. The firm purchased 180,000 pounds of wood at $3.25 per pound and issued 160,000 p...
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This test prep was uploaded on 04/03/2014 for the course MGMT 201 taught by Professor Rowe during the Spring '08 term at Purdue.

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