Carson Wentz Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data:
predetermined overhead rate | ||||||
296100/47000 | ||||||
6.3 | ||||||
total job cost | ||||||
Direct materials | 850 | |||||
Direct labor cost | 4,700 | |||||
overhead applied (6.3*100) | 630 | |||||
total job cost | 6180 | answer | ||||
Carson Wentz Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...
Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $280 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics: 10 Number of units in the job Total direct labor-hours Direct materials Direct labor cost $ 920 $1,480 The estimated total...
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