Calculate the unknowns for the following independent situations.
1.Selected data for Lion Corporation:
Allocated manufacturing overhead is based on 50% of direct labor cost.
a.Calculate the allocated manufacturing overhead cost.
b.Calculate the direct labor cost.
2.Selected data for Tiger Corporation:
Manufacturing overhead is allocated at $15 per machine hour.
a.Calculate the allocated manufacturing overhead cost.
b.Calculate the number of machine hours incurred.
Correct Answer:
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