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Dansville Heating & Cooling installs and services commercial heating and cooling systems. Dansville uses job costing to calculate the cost of its jobs. Overhead
Dansville Heating & Cooling installs and services commercial heating and cooling systems. Dansville uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Dansville estimated that its overhead for the coming year would be $60,000. also anticipated using 4,000 direct labor hours for the year In March, Dansville started and completed the following two jobs (Click the icon to view the jobs.) Dansville paid a $32-per-hour wage rate to the employees who worked on these two jobs. Read the moment Requirement 1. What is Dansville's predetermined overhead rate based on direct labor hours? Determine the formula to calculate Dansville's predetermined overhead rate based on direct labor hours, then calculate the rate Predetermined overhead rate per hour Requirement 2. Calculate the overhead to be located to each of the two jobs based on direct labor hours. Job 101 Job 102 Overhead costs Requirement 3. What is the total cost of Job 101? What is the total cost of Job 1027 T Job 101 Job 102 Data table Direct materials used S Direct labor hours used..... Job 101 17.500 $ 156 Job 102 10,000 00 Print Done
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