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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Please show all work, thanks.
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The XYZ compact company uses a job costing system. The company estimated its annual overhead to be $100,000 and the number of direct labor hours for the year to be 20,000 hours. In the first month, the following jobs were completed:
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Job#115 Job #205
direct materials used $11,000 $14,500
direct labor cost $23,000 $12,500
direct labor cost 1,500 hours 1,250 hours
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a. What is the company's predetermined overhead rate using direct labor hours as a base?
b. What is the overhead assigned to job#115?
c. What is the overhead assigned to job #205?
d. What is the total manufacturing cost for job #115?
e. What is the total manufacturing cost for job #205?
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Thank you again,
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