Question: Furniture Plus Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of 2020, Furniture Plus estimated
Furniture Plus Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of 2020, Furniture Plus estimated total manufacturing overhead costs at $750,000 and total direct labor costs at $500,000. In June, 2020, Furniture Plus completed Job 101. Job data are as follows: Direct materials cost $27,500 Direct labor cost $17,000 Direct labor hours 400 hours Units of product produced 200
Calculate the total job cost of Job 101?
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