Determine and Use Overhead Rate Cortez Consulting, Inc., expects the following costs and expenses during the coming year:

Direct labor (@ $18/hr.)	$324,000
Sales commissions	74,000
Overhead	288,000

a. Compute a predetermined overhead rate applied on the basis of direct labor hours.

Round to two decimal places, if applicable.

$Answer

b. Prepare a general journal entry to apply overhead during an interim period when 3,000 direct labor hours were worked.

General Journal
Description	Debit	Credit
Answer	Answer	Answer
Answer	Answer	Answer

c. What amount of overhead would be assigned to Job 466, to which $360 in direct labor had been charged?

Round to two decimal places, if applicable.

$Answer