Question $10$ options:

Entry Rules:

Round your answers to the nearest PENNY $(2$ decimal places$).$

Use your rounded answer in ALL subsequent calculations.

Examples:

If your answer is $$24,500\mathrm{.}4746,$ enter $24500\mathrm{.}47$

If your answer is $$24,500\mathrm{.}4753,$ enter $24500\mathrm{.}48$

If your answer is $$24,500\mathrm{.}0012,$ enter $24500\mathrm{.}00$

Never enter $ or $,$ when inputting numerical answers

QUESTION:

Helinna Inc. manufactures custom boots for construction and uses job costing to calculate the cost of its jobs with direct labour hours as its manufacturing overhead allocation base.

At the beginning of current year, the company estimated the following:

Estimated overhead costs$$825,000$Estimated direct labour hours$30,000$

The company pays its employees an average amount per direct labour hour as follows:

Average pay per DLH$$21\mathrm{.}00$

The company just finished Job $860$ and have the following information from the job:

Direct materials used$$21,000$Direct labour hours used$220$

Use the above information to answer the following questions.

What is the company's predetermined manufacturing overhead rate per direct labour hour?

What is the total manufacturing overhead allocated to Job $860?$

What is the total cost of Job $860?$

If management want to earn a profit that equals $32\%$ of the job's costs, how much would the company charge their customer for this job?