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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 #205direct materials used $11,000 $14,500direct labor cost $23,000 $12,500direct 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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