Question
Pennymaker Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined
Pennymaker Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on 54,000 direct labor-hours, total fixed manufacturing overhead cost of $102,600, and a variable manufacturing overhead rate of $2.40 per direct labor-hour. Recently Job 1805 was completed and required 250 direct labor-hours. Required: Calculate the amount of overhead applied to Job 1805. Note: Do not round intermediate calculations. Overhead applied to Job 1805
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Managerial Accounting
Authors: Kurt Heisinger, Joe Ben Hoyle
2nd edition
1453375723, 1453375724, 978-1453375716
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