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NAME Hendrix Company has the following information available: Budgeted Direct Labor Hours 40,000 hours Budgeted Direct Labor Cost $1,000,000 Budgeted Direct Materials Cost $ 100,000

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NAME Hendrix Company has the following information available: Budgeted Direct Labor Hours 40,000 hours Budgeted Direct Labor Cost $1,000,000 Budgeted Direct Materials Cost $ 100,000 Budgeted Machine Hours 2,500 hours Budgeted Overhead $1,200.000 Hendrix is trying to calculate the cost of a specific job - ABC with the following information: Actual Direct Labor Hours 11,000 hours Actual Direct Labor Cost $500,000 Actual Direct Materials Cost $55,000 Actual Machine Hours 700 hours Hendrix adds 20% to the cost of the job in order to calculate the selling price. Required Calculate the selling price of job ABC four times allocating overhead based on DL hours, DL cost, DM cost and Machine Hours DL. Hours DL Cost/DM Cox Machine Hours Overhead Rate Allocated Overhead Direct Materials Direct Labor Total Cost of ABC Profit Selling Price of Job

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