Sebastian Company, which manufactures electrical switches, uses a standard cost system and carries...

Question

Sebastian Company, which manufactures electrical switches, uses a standard cost system and carries all inventories at standard. The standard manufacturing overhead costs per switch are based on direct labor hours and are shown below:

Variable overhead (5 hours at $12 per direct manufacturing labor hour)	$ 60
Fixed overhead (5 hours at $15 per direct manufacturing labor hour, based on capacity of 200,000 direct manufacturing labor hours per month)	75
Total overhead per switch	$ 135

Robert · Accepted Answer

Question 2
. 
Questio
n : 
(TCO 10) Sebastian Company, which manufactures electrical switches, uses a 
standard cost system and carries all inventories at standard. The standard 
manufacturing overhead costs per switch are based on direct labor hours and are 
shown below: 
Variable overhead (5 hours at $12 per direct manufacturing labor hour)   $  60 
Fixed overhead (5 hours at $15 per direct manufacturing labor hour, 
based on capacity of 200,000 direct manufacturing labor hours per month)   
    75 
Total overhead per switch $ 135 
 
The following information is available for the month of December: 
 46,000 switches were produced, although 40,000 switches were scheduled 
to be produced.

Sebastian Company, which manufactures electrical switches, uses a standard cost system and carries all inventories at standard. The standard manufacturing overhead costs per switch are based on direct...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment