Question: how would i do this problem? Sofia Gomez runs a mobile pet grooming service. She charges $26 direct labor per grooming hour. She applies overhead
Sofia Gomez runs a mobile pet grooming service. She charges $26 direct labor per grooming hour. She applies overhead to jobs on the basis of grooming hours. She predicts 900 grooming hours for the year. Her estimated overhead costs for the year follow. VandepreciationVanmaintenance$8,800Vaninsuranceexpense1,400indirectmaterials$1,100Tooldepreciation700otherovertiead$4501,050 1. Compute the predetermined overhead rate using estimated grooming hours: 2. Sofia has been asked to groom 3 large dogs. She expects this job to require a total of 15 direct labor grooming hours. Compute her total cost (direct labor plus applied overhead) for this job. 3. If Solia targets a markup of 20% on the total cost for each job, what price should she quote for the job in part2
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
