Applying Overhead to Jobs, Costing Jobs Jagjit applies overhead at the rate of $7 per direct labor hour. Direct labor wages average $18 per hour. Data on August costs for all jobs are as follows: During August, Jobs 95 and 96 were started. Job 93 was completed on August 17, and the client was billed at cost plus 40%. All other jobs remained in process. Required: 1. Calculate the number of direct labor hours that were worked on each job in August. Feedback Check My Work 1. For each job divide the labor cost by the labor rate. 2. Multiply the applied overhead rate by the labor hours for each job. 4. Calculate the balance in Work in Process on August 31. The work in process balance on August 31 is $ 5. What is the price of Job 93 ? The price of Job 93 is $