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Company X applies its overhead cost to jobs based on direct labor hour. Attached is their estimated overhead beore the year began Estimated fixed overhead
Company X applies its overhead cost to jobs based on direct labor hour. Attached is their estimated overhead beore the year began Estimated fixed overhead cost Direct labor hours required for estimated output Variable overcost cost per direct labor hour (you will need to compute predetermined oh) $ 360,000 30,000 $1 For specific job Direct material ACTUAL Direct labor cost ACTUAL Direct labor hours used $ 590 $ 109 6 hours a) What is the total manufacturing cost of the job? b) If selling price is 40% above the total manufacturing cost of the job, what is the price charged for the job
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