Business, 05.11.2021 01:20 khambay

Tyson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Tyson expects to incur $550,000 of overhead cost during the next fiscal year. Other budget information follows.
Vogue Beauty Glamour Total
Direct labor hours 6,000 8,000 11,000 25,000
Machine hours 1,100 1,400 3,000 5,500
Required
a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product.
Product Allocation Rate Weight of Base Allocated Cost
Vogue
Beauty
Glamour
Total:
b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product.
ProductAllocation RateWeight of BaseAllocated Cost
Vogue
Beauty
Glamour
Total:

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Tyson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Ty...

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