Question: Sheridan, Inc. allocates overhead based on a predetermined overhead rate of $4.20 per direct labor hour. Employees are paid $13.80 per hour. Job 24 requires

Sheridan, Inc. allocates overhead based on a predetermined overhead rate of $4.20 per direct labor hour. Employees are paid $13.80 per hour. Job 24 requires 6.0 pounds of direct materials at a cost of $16.80 per pound. Employees worked a total of 19.3 hours to complete the job. Actual manufacturing overhead costs totaled $98000 for the year for the company. How much is the cost of Job 24 ? $182. $367. $1484. $448

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