Using the following information, calculate the overhead applied to Job 123. Actual factory overhead Estimated factory...

 

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Using the following information, calculate the overhead applied to Job 123. Actual factory overhead Estimated factory overhead Actual cost driver amount $50k $60k 2,000 labor hours 2500 labor hours Estimated cost driver amount Job 123 used a total of 15 labor hours. $360 $60k budgeted overhead/2500 budgeted labor hours = $24 per labor hour x 15 labor hours Using the following information, calculate the overhead applied to Job 123. Actual factory overhead Estimated factory overhead Actual cost driver amount $50k $60k 2,000 labor hours 2500 labor hours Estimated cost driver amount Job 123 used a total of 15 labor hours. $360 $60k budgeted overhead/2500 budgeted labor hours = $24 per labor hour x 15 labor hours

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