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Using ABC (the three cost pools) to allocate overhead costs, what is the total amount...

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Accounting

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Using ABC (the three cost pools) to allocate overhead costs, what is the total amount of overhead costs to be allocated to the Mossman Job? Example of Answer: 4000 (No comma, space, decimal point, or \$ sign) A Question 33 (6 points) Cosgrove Company manufactures two products, Product K-7 and Product L-15. Product L15 is of fairly recent origin, having been developed as an attempt to enter a market closely related to that of Product K-7. Product L-15 is the more complex of the two products, requiring 2.0 hours of direct labor time per unit to manufacture compared to 1.0 hour of direct labor time for Product K-7. Overhead currently is applied to the products on the basis of direct labor hours. The company estimated it would incur $510,000 in manufacturing overhead costs and produce 10,000 units of Product L15 and 40,000 units of Product K- 7 during the current year. Unit costs for materials and labor are: Compute total cost per unit for Product L-15 using the current predetermined overhead rate based on direct labor hours. Example of Answer: 4.67 or 0.30 or 2.00 (Two decimal points. No comma, space, or \$ sign)

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