Peale Company. Peale Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #8, #12, and #15.
Direct material was requisitioned as follows for each job respectively: 25 percent, 30 percent, and 30 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,800; 3,300; and 4,000; respectively. Indirect labor is $45,000. Other actual overhead costs totaled $50,000.
Refer to Peale Company. What is the total amount of actual overhead?
A) $ 45,000
B) $ 95,000
C) $114,500
D) $119,938
Correct Answer:
Verified
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