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Fairfield company applies manufacturing overhead to products at a predetermined rate of $58 per direct labor hour. Its manufacturing costs for the most recent period

Fairfield company applies manufacturing overhead to products at a predetermined rate of $58 per direct labor hour. Its manufacturing costs for the most recent period are summarized here

Item Description Total Cost
Direct materials Used on Jobs 101 and 102 $ 94,000
Indirect materials Used on multiple jobs 19,000
Hourly labor wages 750 hours @ $38 per hour
200 hours for Job 101 = $ 7,600
300 hours for Job 102 = 11,400
250 hours for Job 103 = 9,500 28,500
Factory supervision 4,800
Production engineer 6,800
Factory janitorial work 3,300
Selling, general, and administrative salaries 9,800
Other manufacturing overhead costs (factory rent, insurance, depreciation, etc.) 8,300
Other selling, general, and administrative costs (office rent, insurance, depreciation, etc.) 6,800

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