Answer:
Instructions are listed below
Explanation:
Giving the following information:
The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours 10,000
Total fixed manufacturing overhead cost $71,000
Variable manufacturing overhead per machine-hour $2.50
Recently Job P512:
Number of units in the job 30
Total machine-hours 60
Direct materials $870
Direct labor cost $2,400
A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (71000/10000)+2.5= $9.6 per machine hour
B) Allocated overhead= 9.6*60 hours= $576
C) Total cost= 870+2400+576= $3846
D) Unitary cost= 3846/30= $128.2
