The Coca-Cola company and PepsiCo , Inc . Provide refreshments to every corner of the world . Suppose selected data from recent consolidated financial statements for The Coca-Cola company and for PepsiCo , Inc . are presented here ( in millions ).
Brief Exercise 212 ( Part Level Submission )
The following items were taken from the financial statements of Mint , Inc ., over a three-year period :
Compute the amount and percentage change from 2016 to 2017 . Compute the amount and percentage change from 2017 to 2018 . Exercise 15-4
Manufacturing cost data for Orlando Company , which uses a job order cost system , are presented below .
Indicate the missing amount for each letter . Assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the same .
Multiple Choice Question 83
Barr Mfg . provided the following information from its accounting records for 2017 :
Expected production 60,000 labor hours Actual production
56,000 labor hours Budgeted overhead $ 900,000 Actual overhead $ 870,000
How much is the overhead application rate if Barr bases the rate on direct labor hours ?