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Huckvale Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with two direct-cost categories-direct materials and direct manufacturing labor-and one indirect-cost
Huckvale Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with two direct-cost categories-direct materials and direct manufacturing labor-and one indirect-cost pool, manufacturing overhead costs. It provides the following information for 2020. (Click the icon to view the information for 2020.) Read the requirement. Begin by calculating the actual manufacturing overhead rate. (Assume the cost allocation base is direct labor hours.) Now calculate the cost of the 32 Pioneer Drive job using actual costing. Job Costs Total costs Actual manufacturing overhead rate 32 Pioneer Drive Job Data table Budgeted manufacturing overhead costs Budgeted direct manufacturing labor-hours Actual manufacturing overhead costs Actual direct manufacturing labor-hours $ 1,160,000 29,000 hours $ 1,260,000 28,000 hours Print Done
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