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A company applies overhead on the basis of direct labor hours. ($12 per direct labor hour) No inventories at the beginning of period. Actual oveReader

A company applies overhead on the basis of direct labor hours. ($12 per direct labor hour) No inventories at the beginning of period. Actual oveReader incurred during period $330. No product sold during period.

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What is finished goods inventory?

Direct material Product Direct labor Actual Cost Job status cost direct labor hours 201 $140 $450 15 hrs Incomplete 202 $200 $300 10 hrs Complete 203 $320 $150 4 hrs Incomplete

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