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Misner Office Products Produces Three Models of Commercial Shelving, the Basic

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Misner Office Products produces three models of commercial shelving, the Basic, the Advanced and the Superior. Data on operations and costs for the month are:
Misner Office Products produces three models of commercial shelving, the Basic, the Advanced and the Superior. Data on operations and costs for the month are:     Required: Compute the unit cost for each model, assuming Misner Office Products uses: (a) Direct labor hours to allocate overhead costs. (b) Direct labor costs to allocate overhead costs. (c) Machine hours to allocate overhead costs.
Required:
Compute the unit cost for each model, assuming Misner Office Products uses:
(a) Direct labor hours to allocate overhead costs.
(b) Direct labor costs to allocate overhead costs.
(c) Machine hours to allocate overhead costs.

Correct Answer:

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(a)Overhead rate: $540,800 / 16,000 hrs ...

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