CH04 – Textra Plastics (Departmental)
Managerial Accounting
Wild and Shaw
07th Edition
Compute department overhead rates and total cost of overhead.
Compute department overhead rates and total cost of overhead.
Compute the plantwide overhead rate and total overhead using direct labor hours as the base.
Compute a plantwide overhead rate, cost per unit, and profit.
Compute the departmental OH rates and cost and profit per unit.
Prepare the following budgets and other financial information as required.
Complete cost of goods manufactured, cost of goods sold, income statement, current assets, prime and conversion costs.
Compute the number of equivalent units