A firm uses a predetermined overhead rate base on direct labor cost to apply manufacturing overhead to jobs. The predetermined overhead rates for the year are 200% for Department X and 50% for Department Y. Job 4567 started and completed during the year, was charged with the following costs: Department X_ Department Y P 40,000 P 240,000 Direct Materials P 200,000 Direct labor Manufacturing overhead P 320,000 ?
A firm uses a predetermined overhead rate base on direct labor cost to apply manufacturing overhead to jobs. The predetermined overhead rates for the year are 200% for Department X and 50% for Department Y. Job 4567 started and completed during the year, was charged with the following costs: Department X_ Department Y P 40,000 P 240,000 Direct Materials P 200,000 Direct labor Manufacturing overhead P 320,000 ?
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 8PB: Queen Bees Honey, Inc., estimated its annual overhead to be $110,000 and based its predetermined...
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Question
The total manufacturing costs associated with Job 4567 should be?
a. ₱ 800,000 b. ₱ 1,440,000 c. ₱ 1,080,000 d. ₱ 1,560,000 e. ₱ 1,920,000 f. ₱ 1,560,000
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