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Characteristics of Production Process, Cost Measurement Vince Melders, of EcoScape Company, designs and installs custom town and garden rigation systems for homes and businesses throughout

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Characteristics of Production Process, Cost Measurement Vince Melders, of EcoScape Company, designs and installs custom town and garden rigation systems for homes and businesses throughout the state. Each job is different, requiring different mater systems. EcoScape estimated the following for the year Number of direct labor Hours 6,500 Direct labor cost $78,960 Overhead cost $54,614 During the year, the following actual amounts were experienced Number of direct 6,175 labor hours Direct labor incurred $80,275 Overhead incurred $56,001.08 Required: 1. Should EcoScape se process costing or job-order costing? 2. If EcoScapeutes normal costing system and overhead is applied on the basis of direct labor hours, What is the overhead rate? Round your answer to the nearest cent per direct labor hour What is the average actual wage rate? per direct labor hour What is the cost of an installation that takes 53,770 of direct materials and 20 direct labor hours

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