Question
Assume a company had no jobs in progress at the beginning of July and No beginning inventories. It started and completed only two jobs during
Assume a company had no jobs in progress at the beginning of July and No beginning inventories. It started and completed only two jobs during July-Job Y and Job Z. The company uses a plant wide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z:
Estimated total fixed manufacturing overhead $13,000 Estimated variable manufacturing overhead per direct labor-hour $1.00 Estimated total direct labor hours to be worked 2,000 Total actual manufacturing overhead costs incurred $12,800.
Job Y. Job Z
Direct materials $13,000. $8,000
Direct labor cost. $21,000. $7,500
Actual direct labor hours worked 1,360 500
How much manufacturing overhead was applied to Job Y?
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