Question: Job 401k required $5,000 for direct materials, $2,000 for direct labor, 200 direct labor hours, 100 machine hours, two setups, and three design changes. The

Job 401k required $5,000 for direct materials, $2,000 for direct labor, 200 direct labor hours, 100 machine hours, two setups, and three design changes. The cost pools and overhead rates for each pool follow:

Cost Pool Overhead Rate

Assembly support $5/direct labor hour

Machining support $10/machine hour

Machine setups $250/setup

Design changes $500/design change

Determine the cost of Job 401k.


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