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Elena L [17]
2 years ago
5

A company has an overhead application rate of 124% of direct labor costs. How much overhead would be allocated to a job if it re

quired total labor costing $24,000?
Business
1 answer:
Gennadij [26K]2 years ago
6 0

Answer:

$29,760

Explanation:

Overhead application rate = 124% of direct labor cost

The required total labor costing = $24,000

Total overhead applied = Overhead application rate *  $24,000

Total overhead applied = 124% * $24000

Total overhead applied = $29,760

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