WebFlandro Company uses a standard cost system and sets predetermined overhead rates on the basis of direct labor-hours. WebMar 22, 2024 · Flandro Company uses a standard cost system and sets its predetermined overhead rate on the basis of direct labor-hours. The following data are taken from the company's planning budget for the current year: The standard cost card for the company's only product is given below: During
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WebThe following data are taken from the company's budget for the current year: Denominator activity (direct labor-hours) Variable manufacturing overhead cost Fixed manufacturing overhead cost 12,000 $43,800 115,800 The standard cost card for the company's only product is given below: $9.80 19.00 26.60 Direct materials, 4 yards at $2.45 per yard … WebFlandro Company uses a standard costing system and sets predetermined overhead rates on the basis of direct labour-hours. The following data are taken from the company’s budget for the current year: Denominator activity (direct labour-hours)................................................20,000. WebThe company produced 6,000 units of product and incurred the following cost: Materials purchased, 24,000 yards at $4.80 per yard $115,200 Materials used in production (in yards) $18,500 Direct labor cost incurred, 5,800 hours at $13 per hour $75,400 Variable manufacturing overhead cost incurred $29,580 Fixed manufacturing overhead cost … daily cbna inventory