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  3. craftmore machining reports the following budgeted

Craftmore Machining reports the following budgeted overhead cost and related data for this year. Required:...

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Accounting

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Craftmore Machining reports the following budgeted overhead cost and related data for this year. Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,00 nours. 2. Job 31 used 200 direct labor hours and Job 42 used 480 direct labor hours. Allocate overhead cost to eac single plantwide overhead rate from part 1. 3. Compute an activity rate for each activity using activity-based costing. 7. Allocate overhead costs to Job 31 and Job 42 using activity-based costing

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