Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the year was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53?
Darshita Changed status to publish August 29, 2020
Answer:
Predetermined overhead rate
=760,000 / 20,000 hour
=38 per hour
| Direct material | 200 |
| Direct labor (15 x 10 ) | 150 |
| Predetermied overhead (38 x 10 ) | 380 |
| Total Cost | 730 |
So Answer is total Cost= 730
Darshita Changed status to publish August 29, 2020
