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Question 5 6 pts Harmony Inc. uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead
Question 5 6 pts Harmony Inc. uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Harmony allocates manufacturing overhead costs using direct material costs. Harmony provides the following information: Overhead is allocated at $3/direct material dollar. Question: How much overhead is allocated to jobs during 20X1? Budget for 20X1 Actual Results fo Direct Materials Cost $1,500,000 $1,900,000 Direct Mfng Labor Cost $1,500,000 $1,450,000 Mfng Overhead Cost $4,500,000 $3,355,000 Direct Mfng Labor Hours 40,000 50,000
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