Business, 18.02.2020 17:57 live4dramaoy0yf9
Lueckenhoff 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 total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours.
The company has provided the following data concerning Job T498 which was recently completed: Number of units in the job 40 Total direct labor-hours 80 Direct materials $ 950 Direct labor cost $ 2,720 The amount of overhead applied to Job T498 is closest to:
a. $568
b. $192
c. $760
d. $952
Answers: 2
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Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhe...
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