Homework Answers
Predetermined overhead rate = RM189000/RM126000 = 150% of direct labor cost
e)
| Job DBF II | |
| Direct materials | 4800 |
| Direct labor | 6300 |
| Overheads (150% x RM6300) | 9450 |
| Total job cost | 20550 |
| Markup (40% x RM20550) | 8220 |
| Price to be charged to customer | 28770 |
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Gitgo Products operates a job-order costing system and applies
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Purchase of raw materials
$
131,000
Direct...
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