Question: Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of 2014, Irene estimated total manufacturing overhead
- Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of 2014, Irene estimated total manufacturing overhead costs at
$1,050,000 and total direct labor costs at $840,000. In June, 2014, Job 711 was completed. Job stats are as follows:
| Direct materials cost | $27,500 |
| Direct labor cost | $13,000 |
| Direct labor hours | 400 hours |
| Units of product produced | 200 |
What is the amount of MOH allocated to Job 711?
What is the total cost of Job 711?
How much is the cost per unit of finished product from Job 711?
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