7. Calculate the following overhead rates for the furniture plant: (1) plantwide rate and (2) departmental rates. Use th

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answerhappygod
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7. Calculate the following overhead rates for the furniture plant: (1) plantwide rate and (2) departmental rates. Use th

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7. Calculate the following overhead rates for
the furniture plant: (1) plantwide rate and (2) departmental rates.
Use the direct method for assigning service costs to producing
departments. Round your answers to two decimal
places.
8. For each of the overhead rates computed
in Requirement 7, calculate unit bid prices for Jobs A500 and
B75. Round your answers to two decimal
places.
Assume that the company's aggressive bidding policy is unit cost
plus 50 percent. Did departmental overhead rates have any effect on
Beauville's winning or losing bids? What recommendation would you
make? Explain. Round your answers to two decimal
places.
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