Lily Company produces two products, Flower and Planter. Flower is a high-volume item totaling 20000...
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Lily Company produces two products, Flower and Planter. Flower is a highvolume item totaling units annually. Planter is a low volume item totaling only units per year. Flower requires one hour of direct labor for completion, while each unit of Planter requires hours. Therefore, total annual direct labor hours are Estimated annual manufacturing overhead costs are $ Lily uses a traditional costing system and assigns overhead based on direct labor hours. Each unit of Planter would be assigned overhead of $ $ $ need more information to compute. 
Lily Company produces two products, Flower and Planter. Flower is a highvolume item totaling units annually. Planter is a low
volume item totaling only units per year. Flower requires one hour of direct labor for completion, while each unit of Planter
requires hours. Therefore, total annual direct labor hours are Estimated annual manufacturing overhead
costs are $ Lily uses a traditional costing system and assigns overhead based on direct labor hours. Each unit of Planter would
be assigned overhead of
$
$
$
need more information to compute.
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