Cost Accounting
The following company uses machine-hours to allocate manufacturing overhead costs.
Company Job # 323
Direct materials $25,000 $500
Direct manufacturing labor $5,000 $100
Manufacturing overhead costs $20,000
Machine-hours 50,000 mh 800 mh
Required:
a. Calculate the overhead cost-allocation rate.
b. Calculate the allocated overhead costs for the job#323?
c. Calculate the total manufacturing costs for the job#323?