XYZ Company produced Job 511 which required direct materials costing 20,000 and direct labor costing 30,800....

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XYZ Company produced Job 511 which required direct materials costing 20,000 and direct labor costing 30,800. The factory overhead of 0.90 per direct labor hour cost is charged to the job. It was discovered that the labor cost shown was 110% of the correct amount due to erroneous overtime premiums. Compute for the following: 29. Overhead cost 30. Cost of Job 511 XYZ Company produced Job 511 which required direct materials costing 20,000 and direct labor costing 30,800. The factory overhead of 0.90 per direct labor hour cost is charged to the job. It was discovered that the labor cost shown was 110% of the correct amount due to erroneous overtime premiums. Compute for the following: 29. Overhead cost 30. Cost of Job 511

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To compute the overhead cost and the cost of Job 511 we need to consider the correct direct labor co... View the full answer