Culture is all of the following, Except
1 answer:
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Answer: Overhead cost assigned to Job GH7 is $300.
Explanation:
Given that,
Direct materials placed into production = $5000
Direct labor hours worked = 75 hours
Direct labor rate per hour = $35
Machine hours worked = 200 hours
Factory overhead was budgeted = 100000
direct labor hours were estimated = 25000
Job GH7 consists = 60 units
Predetermined rate =
=
=$4
Hence,
overhead cost assigned to Job GH7 = Direct labor hours worked × Predetermined rate
= 75 × 4
=$300