The following is taken from Ronda Co.'s Internal records of its factory with two production...
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Accounting
The following is taken from Ronda Co.'s Internal records of its factory with two production departments. The cost driver for Indirect labor and supplies is direct labor costs, and the cost driver for the remaining overhead Items is number of hours of machine use. Direct Labor Machine Use Hours Department 1 $16, 808 1, 890 Department 2 15, 280 1, 409 Totals $32, 090 3, 209 Factory overhead costs Rent and utilities $ 10, 209 Indirect labor 4,909 General office expense 5,809 Depreciation-Equipment 4, 909 Supplies 3, 109 Total factory overhead $ 27, 200 Compute the total amount of overhead cost allocated to Department 1 using activity-based costing. (Round activity rate answers to 2 decimal places.) Costs to be allocated Estimated Cost Estimated Cost driver Activity Rate Cost driver quantity incurred OH Allocated Indirect labor and supplies Rent, utilities, general office and depreciation
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