Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Green Cabinets is a custom cabinet builder. They allocates overhead to jobs based on direct labor hours used. At the beginning of the year,
Green Cabinets is a custom cabinet builder. They allocates overhead to jobs based on direct labor hours used. At the beginning of the year, Green Cabinets estimated the total manufacturing overhead during the year will be $200,000 and they would work a total of 20,000 direct labor hours. They recently completed a set of kitchen cabinets (Job # 1478), as summarized below: Job Number: #1478 Date started: 4/07/20x5 Date completed: 4/22/20x5 Description: Cherry kitchen cabinets Applied Direct Materials Direct Labor Req # Amount Ticket Hours Amount Hours Manufacturing Overhead Rate Amount 385 $300 128 16 $288 391 225 130 23 426 395 150 133 12 264 401 215 Direct Material Direct Labor MOH Cost Summary Direct Material Cost Direct Labor Cost Applied Manufacturing Overhead Total Cost a. How much overhead would be allocated to Job #1478? b. What is the total cost of Job #1478?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started