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Author Question: Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a ... (Read 106 times)

captainjonesify

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on: Mar 6, 2021
Franklin Inc. manufactures pipes and applies manufacturing overhead costs to 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 labor17,000
Plant facility rent34,000
Depreciation on plant machinery and equipment24,500
Sales commissions33,000
Administrative expenses28,000

For June 2018, manufacturing overhead is ________.
◦ overallocated by $7,300
◦ underallocated by $20,700
◦ overallocated by $20,700
◦ underallocated by $7,300
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by captainjonesify on Mar 6, 2021

Yixagurpuldink

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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captainjonesify

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

Kedrick2014

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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