Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7: Direct materials placed into...
Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7:
|
Direct materials placed into production |
$5,000 |
|
Direct labor hours worked |
75 hours |
|
Direct labor rate per hour |
$35 |
|
Machine hours worked |
200 hours |
Factory overhead is applied using a predetermined overhead rate based on direct labor hours. Factory overhead was budgeted at $100,000 for the year, and the direct labor hours were estimated to be 25,000. Job GH7 consists of 60 units.
What is overhead cost assigned to Job GH7?
Homework Answers
![Predetermined rate $4.00 [ 10000025000 ] $300 [ 75 x 4] overhead cost assigned- Actual labor hours x predetermined rate-](http://img.homeworklib.com/questions/a15ce720-4ed6-11ea-b896-db3f73dbef93.png?x-oss-process=image/resize,w_560)
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Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7: Direct materials placed into...
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35.
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#8 #9 Venus Crates manufactures custom crates for a variety of uses. The following data have been recorded for Job 551...
#8
#9
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Sheridan Company manufactures customized desks. The following
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35.
Jasper Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 651, which was recently completed. Direct materials used cost $7,200. There were 175 direct labor hours worked on this job at a direct labor wage rate of $22 per hour. There were 82 machine hours used on this job. The predetermined overhead rate is $30 per machine hour used. What is the total manufacturing cost of Job 651? O $3,850 O...
#8
#9
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