Determine and Use Overhead Rate Cortez Consulting, Inc., expects the following costs and ex-

penses during the coming year:

Direct labor (@ $12/hr.) $162,000

Sales commissions. 37,000

Overhead . . ... . .. 202,500

Required a.

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

b.

Prepare a general journal entry to apply overhead during an interim period when 1,500 direct labor hours were worked.

C.

What amount of overhead would be assigned to Job 466, to which $180 in direct labor had been charged?