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York Company is a machine shop that estimated overhead will be $40,000, consisting of 5,000 hours of direct labor. The cost to make Job 0325

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York Company is a machine shop that estimated overhead will be $40,000, consisting of 5,000 hours of direct labor. The cost to make Job 0325 is $70 in aluminum and two hours of labor at $10 per hour. During the month, York incurs $40 in indirect material cost, $140 in administrative labor, $300 in utilities, and $250 in depreciation expense. A. What is the predetermined overhead rate if direct labor hours are considered the cost driver? per direct labor hour B. What is the cost of Job 0325 ? C. What is the overhead incurred during the month? Pocono Cement Forms expects $1,050,000 in overhead during the next year. It does not know whether it should apply overhead on the basis of its anticipated direct labor hours 70,000 or its expected machine hours of 35,000 . Determine the product cost under each predetermined allocation rate if the last job incurred $1,550 in direct material cost, 102 direct labor hours, and 85 machine hours. Wages are paid at $18 per hour

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