dbn4everloved
24.10.2019 •
Business
Meenach corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on 58,000 direct labor-hours, total fixed manufacturing overhead cost of $58,000, and a variable manufacturing overhead rate of $2.90 per direct labor-hour. recently job x387 was completed and required 220 direct labor-hours. required: calculate the amount of overhead applied to job x387.
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Ответ:
$30,000
Explanation:
See solution below.
Sells as it is
Sales $89,500
Additional processing cost ($68,000)
Net profit or loss = $39,500
To process further
Sales (2,150 units × $435) $935,250
Additional processing cost
$68,000 + (2,150 units × $250) ($537,568)
Net profit loss $397,682