Determining job costs, using activity-based costing Marko Manufacturing Co. uses activi...

Determining job costs, using activity-based costing

Marko Manufacturing Co. uses activity-based costing. The factory overhead budget for the coming period is $750,000, consisting of the following:

Required:

1. Determine the overhead rate for each cost pool, using the most appropriate allocation base for each pool. (Use each allocation base only once.)

2. Job 007 required $15,000 for direct materials, $20,000 for direct labor, 800 direct labor hours, 1,200 machine hours, six setups, and four design changes. Determine the cost of Job 007.