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Bellevue, Co. is a steel fabricator, and job 325 consists of producing 500 steel supports for Ridgewood, Co.. Overhead is applied on the basis of
Bellevue, Co. is a steel fabricator, and job 325 consists of producing 500 steel supports for Ridgewood, Co.. Overhead is applied on the basis of direct labor hours, using a predetermined overhead rate of $30 per hour. Direct costs associated with Job 325 are: direct materials, $24,000; direct labor, 300 hours at $14 per hour. Calculate the cost of Job 325.
Cost of Job 325 | $ |
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