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When the manager prepared the annual budget she estimated that fixed manufacturing overhead for the year would be $140,000 and that direct labor hours would
When the manager prepared the annual budget she estimated that fixed manufacturing overhead for the year would be $140,000 and that direct labor hours would total 20,000 hours. Variable manufacturing overhead was estimated at $1.50/direct labor hour. In September Job #XYZ was completed. Direct Materials costs on the job totaled $200 and direct labor costs totaled $288 and 85 direct labor hours. Calculate the estimated total manufacturing overhead cost, the predetermined overhead rate, manufacturing overhead applied to the job, and the total job cost. Please show all calculations in the text box. You can insert a table to organize your work
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