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Fio Inc, uses job costing and applies overhead using the normal costing system using direct labor hours as the allocation base. Given the following information,
Fio Inc, uses job costing and applies overhead using the normal costing system using direct labor hours as the allocation base. Given the following information, what is the total manufacturing cost of Job 100?
estimated | actual | ||
direct labor hours | 16000 | 16500 | |
direct labor cost | $450,000 | $465,000 | |
overhead | $430,000 | $425,000 | |
Job 100 | |||
Direct materials | $800 | ||
Direct labor cost | $675 | ||
Direct labor hours | 19 |
You must show your computation (NOT ON SCRAP PAPER) in order to receive credit.
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