Job 605 has a total cost of $35,820. The MOH Rate is $0.75 per direct labor...

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Question

Job 605 has a total cost of $35,820. The MOH Rate is $0.75 per direct labor...

Job 605 has a total cost of $35,820. The MOH Rate is $0.75 per direct labor cost (i.e. 75% of direct labor cost). $11,830of overhead has been allocated to the job. What was the amount of direct materials traced to the job?

8,217

15,118

20,047

23,990

business accounting

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Answer 1

Answer #1

ANSWER=8217

WORKING

DIRECT LABOUR=MANUFACTURING OVERHEAD/75%

= 11830/75%=15773

TOTAL COST OF JOB 605=DIRECT MATERIAL+DIRECT LABOUR +MANUFACTURING OVERHEAD

35820=DIRECT MATERIAL+15773+11830

DIRECT MATERIAL=35820-15773-11830=8217

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Answer 2

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