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A company uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The predetermined overhead rates for the year are 200% for Department A and 50% for Department B. Job 123, started and completed during the year, was charged with the following costs:

Dept. A Dept. B
Direct materials $25,000 $5,000
Direct labor ? $30,000
Manufacturing overhead $40,000 ?

what the total manufacturing costs associated with Job 123 should be:

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M985186

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