Question

B Lupine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: 1405 Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 30,900 $154,500 $ 3.00 Recently, Job L716 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $1,480 The amount of overhead applied to Job L716 is closest to: (Round your intermediate calculations to 2 decimal places.)

Answer 1

Working : 154,500 92,700 Total Fixed Manufacturing overhead Cost $ Total Variable Manufacturing overhead Cost $ (30900*3) Total Fixed Manufacturing overhead Cost $ Number of Machine Hours Predetermined OH Rate $ 247,200 30900 8.00 Per MH Compute the amount of overhead applied : 30 Machine Hours x $8 Per MH $ 240.00 Note : Do comment for any further assistance