Business, 19.11.2019 07:31, justin5647

Moonrise bakery applies factory overhead based on direct labor costs. the company incurred the following costs during the year: direct materials costs, $750,000; direct labor costs, $4,000,000; and factory overhead costs applied, $3,200,000. 1. determine the company’s predetermined overhead rate for the year. 2. assuming that the company’s $81,000 ending work in process inventory account for the year had $30,000 of direct labor costs, determine the inventory’s direct materials costs.

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Moonrise bakery applies factory overhead based on direct labor costs. the company incurred the follo...