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Big Company applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $20 per direct labor-hour. The following data are obtained from the
Big Company applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $20 per direct labor-hour. The following data are obtained from the accounting records for June 2020:
Direct materials $100,000
Direct labor (4,000 hours @ $10/hour) 40,000
Indirect labor 10,000
Plant facility rent 26,000
Depreciation on plant machinery and equipment 24,500
Sales commissions 23,000
Administrative expenses 31,000
The amount of manufacturing overhead allocated to all jobs during June 2020 totals ________.
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