HI, I'm very lost on solving this problem
since I do not know how to solve for the applied overhead cost when
there is no written estimated overhead cost. Can someone
demonstrate step through step of the problem?
Homework Answers
It is given that russo applies Overhead costto jobs at a rate of $18 per direct labour hour
according to the sheet the total direct labour hours were 62 hours for job 1887
hence overhead cost = $18 per direct labour hour * 62 (direct labour hours)
= 18*62 =$1116 is the Overhead cost
Total Cost: Direct material cost+ labour cost+overhead
=1390+1482+1116 = $3988 is the toal cost
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Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized below: Job Number: 1478 Date Started: 4/07/20x8 Date Completed: 4/22/20x8 Description: Cherry kitchen cabinets Applied Manufacturing Overhead Hours Rate Amount Direct Materials Req. NO Amount 385 $ 300 391 225 395 150 401 215 Direct Labor Ticket Hours Amount 128 16 $ 288 130 23 426 133 12 264 Total 5890 Total 51 $ 978 $ 890 Cost Summary Direct...
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help asap
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