Job 401 had the following components:

Amount Unit

Direct Materials 90.0 lbs

Direct Labour 15.0 hours

The company allocates overhead based off of direct labour hours. The estimated overhead for the year was $2,500,000 and direct labour allocation base of 200,000 direct labour hours. Materials costs $9 per pound (lb) and the wage rate is $22 per hour.

What is the total cost of Job 401?

$1,233.75

$997.50

$1.327.50

$1,140

Please post full solutions. Thank you

Job 401 had the following components: The company allocates overhead based off of direct labour hours. The estimated overhead for the year was $2,500,000 and direct labour allocation base of 200,000 direct labour hours. Materials costs $9 per pound (lb) and the wage rate is $22 per hour. What is the total cost of Job 401 ? $1,233.75$997.50$1.327.50$1,140