Calculate the overhead cost-allocation rate

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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?

Reference no: EM131226403

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