(Answered) The xyz compact company usesnbsp a job costing system the

Management Studies

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:

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

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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