2. Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on
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Question:
2. Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labour-hours. The company based its predetermined overhead rate for the current year on 73,000 direct labour-hours, total fixed manufacturing overhead cost of $109,500, and a variable manufacturing overhead rate of $4.50 per direct labour-hour. Recently Job X387 was completed and required 240 direct labour-hours. Required: Calculate the amount of overhead applied to Job X387.
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