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The following data pertain to the Aquarius Hotel Supply Company for the year just ended. Budgeted

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The following data pertain to the Aquarius Hotel Supply Company for the year just ended. Budgeted… 1 answer below » The following data pertain to the Aquarius Hotel Supply Company for the year just ended. Budgeted sales revenue …………………………………………………………………………………………………………               $945,000 Budgeted manufacturing overhead ………………………………………………………………………………………….. 650,000 Budgeted machine hours (based on practical capacity) …………………………………………………………….. View complete question » The following data pertain to the Aquarius Hotel Supply Company for the year just ended. Budgeted sales revenue …………………………………………………………………………………………………………               $945,000 Budgeted manufacturing overhead ………………………………………………………………………………………….. 650,000 Budgeted machine hours (based on practical capacity) ………………………………………………………………….           20,000 Budgeted direct-labor hours (based on practical capacity) ……………………………………………………………..      25,000 Budgeted direct-labor rate per hour …………………………………………………………………………………………. 13 Actual manufacturing overhead ……………………………………………………………………………………………….                690,000 Actual machine hours ……………………………………………………………………………………………………………              22,000 Actual direct-labor hours ………………………………………………………………………………………………………..               26,000 Actual direct-labor rate per hour ……………………………………………………………………………………………… 14 ■ Required: 1. Compute the firm’s predetermined overhead rate for the year using each of the following common cost drivers: ( a ) machine hours, ( b ) direct-labor hours, and ( c ) direct-labor dollars. 2. Calculate the overapplied or underapplied overhead for the year using each of the cost drivers listed above. View less » Dec 04 2015 02:32 PM



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