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The following information is available pertaining to Iris Division that uses a traditional (plantwide) overhead rate based on direct labor hours: TotalOverhead $320,000 Direct labor-hours.
The following information is available pertaining to Iris Division that uses a traditional (plantwide) overhead rate based on direct labor hours:
TotalOverhead $320,000 Direct labor-hours. $160,000 Machine-hours $50,000 Job 101 used the following resources. Direct costs $15,000 Direct Labor-hours 375 Machine-hours30 Units produced750What are the total overhead costs assigned to Job 101?
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