Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirectcost...
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Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirectcost rate of $15 per direct laborhour. The following data are obtained from the accounting records for June 2020: Direct materials $100,000 Direct labor (4,700 hours @ $12/hour) 56,400 Indirect labor 10,000 Plant facility rent 26,000 Depreciation on plant machinery and equipment 25,000 Sales commissions 20,000 Administrative expenses 39,000 For June 2020, manufacturing overhead is ____.
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