Assume the following information for the G.Long Company (all estimated figures) Factory Overhead ..... $425,000...
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Accounting
Assume the following information for the G.Long Company (all estimated figures)
Factory Overhead ..... $425,000
Units of production ..... $500,000
Direct material cost ..... $1,000,000
Direct labor cost ..... $1,500,000
Direct labor hours ..... 250,000
Machine hours ..... 110,000
Required: Compute the factory overhead application rate for G.Long Company under the following bases:
a) Unit of production
b) Direct material cost
c) Direct labor cost
d) Direct labor hours
e) Machine hours
I want it to be solved on an excel spreadsheet with all formulas needed and plz do upload it as a link and a screenshot so I can see it clearly. Excel spreadsheet is required for the assignment.
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