Question
Vince Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, Vince estimated total
Vince Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, Vince estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $640,000. In June, Vince completed Job 511. The details of Job 511 are shown below. (Round to 2 decimal places.) Direct materials cost $23,500 Direct labor cost $13,000 Direct labor hours 300 hours Units of product produced 500 units How much was the total job cost of Job 511? (Round any percentages to two decimal places and your final answer to the nearest dollar.)
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