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Foress Company is a steel fabricator, and job 325 consists of producing 500 steel supports for Pembina Company. Overhead is applied on the basis of
Foress Company is a steel fabricator, and job 325 consists of producing 500 steel supports for Pembina Company. Overhead is applied on the basis of direct labor hours, using a predetermined overhead rate of $35 per hour. Direct costs associated with Job 325 are: direct materials, $20,000; direct labor, 250 hours at $20 per hour. Calculate the cost of Job 325.
Cost of Job 325 | $ |
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