Concord is an electronics components manufacturer. Information about the company's two products follows: The company...
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Concord is an electronics components manufacturer. Information about the company's two products follows: The company incurs $880,000 in overhead per year and has traditionally applied overhead on the basis of direct labor hours. (i) How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal ploces, eg. 3.54 and final answers to 0 decimal places, eg. 45,286.) (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal ploces, eg. 15.25.) Assume that Concord has identified three activity cost pools. (i) Given these activity pools and cost drivers, how much overhead should be allocated to each product? (Round per unit rates to 2 decimal places, eg. 3.54 and final answers to 0 decimal ploces, eg. 45,286.) (ii) What overhead cost per unit will be allocated to each product? (Round onswers to 2 decimal places, eg. 15.25.)
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