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Barr Company reports the following information for August. Barr worked on two projects during August - Project A1 and Project B2. Project A1 used
Barr Company reports the following information for August. Barr worked on two projects during August - Project A1 and Project B2. Project A1 used 300 direct labor hours and $60,000 of materials while Project B2 used 700 direct labor hours and $40,000 of materials. Total manufacturing overhead expenses incurred equaled $24,000. Barr uses a pre- determined overhead rate of $0.23 per dollar of direct materials used. How much manufacturing overhead should be assigned to Project B2 in August using the cost of direct materials as the base? Round to the nearest $1.00.
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