Vektek, Inc. thinks machine hours is the best
activity base for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $2,050,000. The company used 1,000 hours of processing
on Job No. B12 during the period and incurred overhead costs totaling
$2,100,000. The budgeted machine hours for the year totaled 20,000. How much
overhead should be applied to Job No. B12?
|
|
$2,050
|
|
|
$2,100
|
|
|
$105,000
|
|
|
$102,500
|
Norman Company manufactures customized desks. The
following pertains to Job No. 953:
|
Direct materials used
|
$22,800
|
|
Direct labor hours worked
|
600
|
|
Direct labor rate per hour
|
$16.00
|
|
Machine hours used
|
400
|
|
Applied factory overhead rate per machine hour
|
$30.00
|
What is the total manufacturing cost for Job No. 953?
|
|
$44,400
|
|
|
$47,200
|
|
|
$50,400
|
|
|
$41,200
|
