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2 years ago

based on this information, the amount of overhead allocated to a job that used 300 direct labor hours is $

Business

1 answer:

Amiraneli [1.4K]2 years ago

3 0

The amount of overhead allocated to a job that used 300 direct labor hours is $900.

<h3>Overhead allocated:</h3>

First step is to calculate the predetermined overhead rate per direct labor hour

Using this formula

Predetermined overhead rate=Estimated manufacturing overhead/Estimated direct labor hours

Predetermined overhead rate=$450,000/150,000

Second step is to calculate the overhead allocated

Overhead allocated=Predetermined overhead rate × Direct labor hours

Overhead allocated=$3×300

Overhead allocated=$900

Inconclusion the amount of overhead allocated to a job that used 300 direct labor hours is $900.

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Answer:

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Explanation:

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1 year ago

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Answer and Explanation:

The computation is shown below:

1. Calculation of the equivalent units

<u>Particulars Physical units % Material % Conversion cost</u>

Units transferred

out 900 100% 900 100% 900

Ending

work in process 600 100% 600 40% 240

Equivalent

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Particulars Material Conversion cost

Beginning

inventory $750 $600

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Divided by

Equivalent

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Cost per

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= (600 ×$2.1) + (240 × $3)

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Answer:

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