Locust Systems has the following information for the most recent year of
operations. The firm uses a manufacturing overhead rate of 80% of DL cost.
Answer & Explanation
To provide a complete answer, I need additional information about Locust
Systems' operations. Specifically, I would need the following details:
1. Direct Labor Cost (DL cost): The total amount spent on direct labor
during the year.
2. Manufacturing Overhead Costs: Any other relevant costs that are part
of manufacturing overhead if needed for further calculations.
3. Any specific questions or calculations you need help with: For
example, are you looking to calculate total manufacturing costs, cost of
goods manufactured, or something else?