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Assume the job cost sheet for Job X shows that (1) It used 18 direct labor-hours and Incurred direct materials and direct labor charges of $500 and $360, and (2) its unit product cost is $27.35. If...

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Assume the job cost sheet for Job X shows that (1) It used 18 direct labor-hours and Incurred direct materials and direct labor charges of $500 and $360, and (2) its unit product cost is $27.35. If Job X contained 40 units, then what is the plantwide predetermined overhead rate per direct labor-hour? Multiple Cholce $47.78 $60.78 $15.00 $13.00
Extracted text: Assume the job cost sheet for Job X shows that (1) It used 18 direct labor-hours and Incurred direct materials and direct labor charges of $500 and $360, and (2) its unit product cost is $27.35. If Job X contained 40 units, then what is the plantwide predetermined overhead rate per direct labor-hour? Multiple Cholce $47.78 $60.78 $15.00 $13.00
Answered 94 days After Jun 07, 2022

Solution

S answered on Sep 10 2022
65 Votes
Cost Accounting
Solution for Predetermined Overhead Rate Per Direct Labour-Hou
Given,
Direct Material = $500
Direct Labour = $360
Number of Units Produced = 40 units
Unit Product Cost = $27.35
Direct labour hours = 18 hours
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