Raymond Corporation estimates factory overhead of 345,000 for next fiscal year. It is estimated that 60,000 units will be produced at a material cost of 575,000. Conversion will require 34,500 direct labor hours at a cost of 10 per hour, with 25,875 machine hours. FOH rate on the bases on Budgeted Production would be?

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Question:
Raymond Corporation estimates factory overhead of 345,000 for next fiscal year. It is estimated that 60,000 units will be produced at a material cost of 575,000. Conversion will require 34,500 direct labor hours at a cost of 10 per hour, with 25,875 machine hours.
FOH rate on the bases on Budgeted Production would be?

1.5.75 per unit

2.6.65 per unit

3.6.0 per unit

4.1 per unit

Posted Date:-2021-11-19 11:10:23

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