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marin [14]
2 years ago
6

Marco Company shows the following costs for three jobs worked on in April.

Business
1 answer:
jeyben [28]2 years ago
4 0

The determination of the amount of the overhead applied to each job in April based on the predetermined overhead rate of 50% of direct labor cost for Marco Company is as follows:

                                              Job 306      Job 307       Job 308

Overhead applied in April $52,000       $77,500       $51,500

<h3>What is overhead allocation?</h3>

Overhead allocation is the process of assigning overhead costs to jobs or units of products.

Some companies use the predetermined overhead rate, which is a companywide (departmental) rate while others use the ABC overhead rates, which are based on the activity levels.

<h3>Data and Calculations:</h3>

Overhead allocation = 50% of direct labor cost

                                              Job 306      Job 307       Job 308

Direct labor used                $104,000     $155,000     $103,000

Overhead applied in April $52,000       $77,500      $51,500 ($103,000 x 50%)

Learn more about overhead allocation at brainly.com/question/26454135

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