Question
13 Walsh Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined
13 Walsh 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 Total direct labor-hours Direct materials 40 80 $950 Direct labor cost $2,720 The amount of overhead applied to Job T498 is closest to: Select one: O a. $952 O b. $760 O c. $568 O d. $192
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