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victus00 [196]
3 years ago
13

Arabica Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At th

e beginning of 2012, they estimated total manufacturing overhead costs at $1,050,000, and they estimated total direct labor costs at $840,000. In June, 2012, Arabica completed job number 511. Job stats are as follows:
Direct materials cost $27,500
Direct labor cost$13,000
Direct labor hours400 hours
Units of product produced: 200 crates


How much was the total job cost?

A) $40,500
B) $56,750
C) $50,900
D) $74,875
Business
1 answer:
Natalija [7]3 years ago
8 0

Answer:

B) $56,750

Explanation:

Direct materials cost $27,500

Direct labor cost$13,000

As manufacturing overhead rate is  based on a percentage of direct labor cost so dividing the manufacturing overheads by direct labor costs we get =$1,050,000,/$840,000= 1.25

Multiplying this rate with the actual overheads we get 1.25* 13000 = $16250

The total job cost would be = Direct materials cost+Direct labor cost + budgeted Overheads =  $27,500 +$13,000+$16250= $56,750

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3 years ago
uan Pablo and Zak are competitors in a local market. Each is trying to decide if it is better to advertise on TV, on radio, or n
Colt1911 [192]

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Tora Co. plans to produce 1,020 units in July. Each unit requires two hours of direct labor. The direct labor rate is $20 per ho
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