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Answered Same Day Mar 13, 2021

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Sumit answered on Mar 13 2021

155 Votes

Part 1
    Computation of Predetermined Overhead Rate:
    Particulars    Amount
    Total Budgeted Overhead Cost    $ 550,000.00
    Budgeted Material Cost     $ 500,000.00
    Predeermined Overhead Rate    $ 1.10
Part 2
    Computation of Cost per Unit:
    Particulars    Amount
    Direct Material    $ 5,200.00
    Direct Labor    $ 3,500.00
    Overhead Cost @ $1.10 per $1 of Direct Material    $ 5,720.00
    Total...

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