Swift Collision Repair uses activity-based costing to determine the costs of its cases. Information about costs follow: Cost Pool Budgeted Costs Budgeted Cost Driver Paint shop operations and clean up $300,000 750 paint jobs Machine costs 120,000 1,500 machine hours Facilities 80,000 2,000 labor hours Brian’s car was repaired after he was involved in a rear-end collision. The repair involved 3 hours of machine time, 5 hours of labor at 30$ per hour, and the rear of the car was repainted. How much overhead was assigned to brians repair job? a. $840 b. $2,000 c. 941 d. $990

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 4EA: Hicks Contracting collects and analyzes cost data in order to track the cost of installing decks on...
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Swift Collision Repair uses activity-based costing to determine the costs of its cases. Information about costs follow: Cost Pool Budgeted Costs Budgeted Cost Driver Paint shop operations and clean up $300,000 750 paint jobs Machine costs 120,000 1,500 machine hours Facilities 80,000 2,000 labor hours Brian’s car was repaired after he was involved in a rear-end collision. The repair involved 3 hours of machine time, 5 hours of labor at 30$ per hour, and the rear of the car was repainted. How much overhead was assigned to brians repair job? a. $840 b. $2,000 c. 941 d. $990
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