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Sideways Automotive repairs and services commercial heating and cooling systems for large commercial trucks (Le transports, tri-axle). Sideways uses job costing to calculate the cost

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Sideways Automotive repairs and services commercial heating and cooling systems for large commercial trucks (Le transports, tri-axle). Sideways uses job costing to calculate the cost of the various jobs throughout the year. Overhead is allocated during the year to each job (Le truck being serviced) based on the number of direct labouchours spent on that job. At the beginning of the this year, Sideways prepared a budget for the year and estimated that its overhead spending for the year would be $198,000. It also anticipated using a total of 8,250 direct labus hours for the year. In November, Sideways has started and completed the following three trucks/jobs: Lakeland paid a \$32-per-hour wage rate to the mechanics who worked on these three jobs. Requirements - What is Sideways predetermined overhead rate based on direct labouk. hours? - Calculate the overhead to be allocated based on direct labouchours to each of the two jobs. - What is the total cost of Job 1002? What is the total cost of Job 1003 ? if Sldeways wanted to charge a markup of 20% on total costs, what should they charge the customer for Job 1004

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