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Company Ex manufactures pipes and applies manufacturing overhead costs to produc...
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Company Ex manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for June 20x3 (amounts in US$):
Direct materials | 140000 |
| DL (4000 hours @ $10/hour) | 40000 |
| Indirect labor | 13239 |
| Plant facility rent | 30000 |
| Depreciation on plant mach and equipment | 22500 |
| Sales comissions | 24000 |
| Administrative expenses | 28000 |
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