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Vintech Company - Budgeted material, labor and overhead - 14 Sep, 2012

Vintech Company is planning to produce 2,300 units of product in 2011. Each unit requires 3 pounds of materials at $7 per pound and a half hour of labor at $13 per hour. The overhead rate is 70% of direct labor. Compute the budgeted amounts for 2011 for direct materials to be used, direct labor, and applied overhead.



Category : Cost Accounting

Search Keywords :
Vintech , Product , Budgeted , Materials , Labor , Overhead , Pounds , Applied 


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Answer  - 14 Sep, 2012
The budgeted amounts are Direct Material = Units produced X Pounds per u....


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