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12 Dotsero Technology, Inc., has a job-order costing system. The company uses predetermined overhead rates in applying manufacturing overhead cost to individual jobs. The
12 Dotsero Technology, Inc., has a job-order costing system. The company uses predetermined overhead rates in applying manufacturing overhead cost to individual jobs. The predetermined overhead rate is based on machine-hours. At the beginning of the most recent year, the company's management made the following estimates for the year. Machine-hours.... . 30,000 Manufacturing overhead cost.... $420,000 I Job 243 entered into production on April 1 and was completed on May 12. The company's actual cost records show the following information about the job. Machine-hours... Dept. A ...250 Direct materials cost.. .... $840 Direct labor cost.. ..$610 Compute the total manufacturing cost of Job 243. Note: "Total manufacturing cost" is the sum of direct materials, direct labor, and applied manufacturing overhead cost.
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