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  1. business
  2. accounting
  3. smith allocated additional overhead to product x-$

SMITH ALLOCATED ADDITIONAL OVERHEAD TO PRODUCT X-$18.170 AFTER SWITCHING TO ABC. PREVIOUSLY OVERHEAD WAS ALLOCATED...

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Accounting

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SMITH ALLOCATED ADDITIONAL OVERHEAD TO PRODUCT X-$18.170 AFTER SWITCHING TO ABC. PREVIOUSLY OVERHEAD WAS ALLOCATED USING ONLY DIRECT LABOR HOURS. UNDER ABC OVERHEAD IS NOW ALLOCATED USING BOTH DIRECT LABOR HOURS AND MACHINE HOURS. PRODUCT X USES 64 PERCENT OF THE MACHINE TIME. $79,000 HAS BEEN ASSIGNED TO THE MACHINE POOL. WHAT IS THE PRODUCT X'S DIRECT LABOR PERCENTAGE? DIRECT LABOR PERCENTAGE

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