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undefined Jamestown Heating & Cooling installs and services commercial heating and cooling systems. Jamestown uses job costing to calculate the cost of its jobs. Overhead

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Jamestown Heating & Cooling installs and services commercial heating and cooling systems. Jamestown uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Jamestown estimated that its overhead for the coming year would be $60,000. It also anticipated using 4,000 direct labor hours for the year. In July, Jamestown started and completed the following two jobs: (Click the icon to view the jobs.) Jamestown paid a $32-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. X based X Data Table i Requirements head Job 101 Job 102 Direct materials used $ 16,000 $ 13,500 1. What is Jamestown's predetermined overhead rate based on direct labor hours? 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours. 3. What is the total cost of Job 101? What is the total cost of Job 102? Direct labor hours used 165 76 Print Done Print Done

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