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Category > Accounting Posted 03 Aug 2017 My Price 4.00

Wolf Creek Industries

(Determination of Overhead Rate) Wolf Creek Industries produces custom uniforms. The company uses machine hours to allocate manufacturing overhead costs to jobs. The following yearly information was compiled for Wolf Creek:

Direct materials

$245,000

Direct labour

$325,000

Manufacturing overhead

$454,000

Machine hours

45,000

During the year, Wolf Creek completed a job for Carston College's cheerleading team; details are as follows:

Direct materials cost per uniform

$35

Direct labour cost per uniform

$38

Total machine hours per uniform

3.5

Total number of uniforms sold

65

What is the manufacturing overhead rate used by Wolf Creek?

What is the cost of making one uniform for Carston College?

What is the total cost of the Carston College job?

Answers

(5)
Status NEW Posted 03 Aug 2017 08:08 PM My Price 4.00

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