Choose an appropriate cost driver for each of the overhead costs and determine the total cost of…


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Choose an appropriate cost driver for each of the overhead costs and determine the total cost of… 1 answer below » Allocating costs among products Bryson Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Home 1 Home 2 Home 3 Direct labor $ 60,000 $ 89,000 $196,000 Direct materials 182,000 247,000 380,000 Assume Bryson needs to allocate two major overhead costs ($41,400 of employee fringe benefits and $40,450 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs View complete question » Allocating costs among products Bryson Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Home 1 Home 2 Home 3 Direct labor $ 60,000 $ 89,000 $196,000 Direct materials 182,000 247,000 380,000 Assume Bryson needs to allocate two major overhead costs ($41,400 of employee fringe benefits and $40,450 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each home. View less » Jul 24 2014 07:52 AM

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