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A company received an order from a customer on March 17. During March the company incurred $3.500 of direct materials and $3.000 of direct labor.

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A company received an order from a customer on March 17. During March the company incurred $3.500 of direct materials and $3.000 of direct labor. The order was not finished by the end of the month, but needed an additional $2,000 of direct materials and additional direct labor of $5.000 to finish the job in April. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the total cost of the job when it is completed in April? Mumple Choice $3.500 $21500 $27.000 $23.500 $32.000 Overhead is allocated based on direct labor costs. The estimated total overhead is $450,000 and the estimated direct laboris $180,000. If a job used $28,000 of direct labor, what is the amount of overhead applied? Multiple Choice $8.000 $20.000 $50.000 $70.000 O 590.000 Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198,000 of raw materials on credit, issued materials to production of $195,000 of which $30.000 were indirect. Minstrel incurred a factory payroll of $150.000, of which $40,000 was indirect labor Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel incurred total overhead costs of $167,800 during the month, compute the amount of under or overapplied overhead: Multiple Choice $2.800 overapplied $17.800 under oplied $2,800 underapplied $7800 overed 557200 overed Overhead costs: Multiple Choice O Are directly related to production Can be traced to units of product in the same way that direct materials can Cannot be traced to units of product in the same way that direct labor can. Are period costs Include only forved costs

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