Question
A cost accountant is developing departmental factory overhead application rates for the companys tooling and fabricating departments. The budgeted overhead for each department and the
A cost accountant is developing departmental factory overhead application rates for the companys tooling and fabricating departments. The budgeted overhead for each department and the data for one job are shown below.
Department:
Tooling Fabricating
Supplies 975 250
Supervisors salaries 1,750 1,800
Indirect labor 1,350 5,200
Depreciation 800 6,200
Repairs 3,965 3,450
Total budgeted overhead 8,840 16,900
Total direct labor hours 425 605
Direct labor hours on Job #231 16 5
Using the departmental overhead application rates, total overhead applied to Job #231 in the Tooling and Fabricating Departments will be
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