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Use the following information to answer questions 3 and 4: KC Manufacturing uses job costing. Its annual estimated manufacturing overhead and machine hours (the allocation
Use the following information to answer questions 3 and 4: KC Manufacturing uses job costing. Its annual estimated manufacturing overhead and machine hours (the allocation base) were $120,000 and 2,400 hours, respectively. Job #06-07 was completed in July and incurred direct materials $4,800, direct labor $3,400, and 85 machine hours. 3. What is the predetermined overhead rate for KC Manufacturing? a. $35 per direct labor hour b. \$45 per direct labor dollar c. \$50 per machine hour d. It cannot be determined using the information provided. 4. What's the total cost for Job #06-07? e. $9,350 f. $24,750 g. $22,050 h. $12,450
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