ACC 561 Wiley week 4 15-5 16-3 17-1

ACC 561 Wiley week 4 15-5 16-3 17-1

15-5 Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $353,920 for the year, and machine usage is estimated at 126,400 hours.For the year, $368,283 of overhead costs are incurred and 130,100 hours are used16-3The ledger of Custer Company has the following work in process account.Work in ProcessPaintingProduction records show that there were 500 units in the beginning inventory, 30% complete, 1,460 units started, and 1,450 units transferred out. The beginning work in process had materials cost of $2,480 and conversion costs of $1,690. The units17-1Wilkins Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of activity-based costing and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the companys operations


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