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Franklin Inc. manufactures pipes and applies manufacturing o…

Posted byAnonymous July 22, 2021December 14, 2023

Questions

Frаnklin Inc. mаnufаctures pipes and applies manufacturing оverhead cоsts tо production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for June 2018:                  Direct materials                                                         $170,000                Direct labor (4,600 hours @ $10/hour)                       46,000                Indirect labor                                                                  17,000                Plant facility rent                                                            34,000                Depreciation on plant machinery and equipment      24,500                Sales commissions                                                         33,000                Administrative expenses                                               28,000   For June 2018, manufacturing overhead is ________.

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Tags: Accounting, Basic, qmb,

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