Murray Company uses a job-order costing system and the following information is available from its records. The
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Question:
Murray Company uses a job-order costing system and the following information is available from its records. The company has three jobs in the process: #6, #9, and #13.
Raw material used | $120,000 |
Direct labor per hour | $8.50 |
Overhead applied based on direct labor cost | 120% |
Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000.
Refer to Murray Company. What is the total amount of actual overhead?
Select one:
a. $69,000
b. $99,960
c. $36,000
d. $93,000
Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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