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  3. $ 1,533,000 7 manufacturing overhead is budgeted f

$ 1,533,000 7 Manufacturing Overhead is budgeted for the upcoming year as: 8 These costs...

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Accounting

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$ 1,533,000 7 Manufacturing Overhead is budgeted for the upcoming year as: 8 These costs are divided into two cost pools for assignment to WIP 39 based on the use of predetermined rates 10 11 112 Percent of Total Overhead 40% 60% Cost Driver Machine Hrs Direct Labor Hrs Machinery and Facilities OH Personnel and Scheduling OH 113 114 120 The predetermined OH rate for machinery & facilities is? 121 122 The predetermined OH rate for personnel & scheduling is? 123 124 The amount of machinery & facilites OH assigned to P1 is? 125 126 The amount of personnel & scheduling OH assigned to P1 is? 127 8 DATA 9 2020 projected sales: Product 11 P1 Sales 41,000 76,000 Price $64.00 $77.00 12 P2 14 2020 projected Finished Goods inventory balance (units) Product 1/1/2020 12/31/2020 16 P1 10,000 12,000 17 P2 22.000 20,000 81 The total number of T1 labor hours required 8,600 83 The total number of T2 labor hours required 22,200 85 The total number of machine hours required 2,280

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