Walsh Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct
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Walsh Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:
Number of units in the job | 10 |
Total direct labor-hours | 50 |
Direct materials | $ 920 |
Direct labor cost | $ 1,400 |
The amount of overhead applied to Job K818 is .....?
Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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