Feedback

Check My Work

Budgeted direct labor cost $=$ average wage rate for direct labor $x$ budgeted direct labor hours.

Overhead rate $=$ budgeted overhead costs $$ budgeted direct labor cost.

$2.$ Set up a simple job$-$order cost sheet for all jobs in process during June.

Perrin Company

Job$-$Order Cost Sheets

$\backslash$table$[[,$Job $39,$Job $40,$Job $41,$Job $42],[$Balance: June $1,$$$,$$$,$$$,$$

Job costs Using a Plantwide Overhead Rate

Perrin Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $$330,000,$ and budgeted direct labor hours were $22,000.$ The average wage rate for direct labor is expected to be $$30$ per hour. During June, Perrin Company worked on four jobs. Data relating to these four jobs follow:

$\backslash$table$[[,$Job $39,$Job $40,$Job $41,$Job $42],[$Beginning balance,$$23,400,$$$33,600,$$$19,300,$$$1,800$