Greek Products Company The following information pertains to Greek Products Company for September:
Greek Products Company applies overhead for Job #323 at 140 percent of direct labor cost and at 150 percent of direct labor cost for Jobs #325 and #401. The total cost of Jobs #323 and #325 is identical.
Refer to Greek Products Company. What amount of overhead is applied to Job #325?

Question

Greek Products Company The following information pertains to Greek Products Company for September:
 Greek Products Company applies overhead for Job #323 at 140 percent of direct labor cost and at 150 percent of direct labor cost for Jobs #325 and #401. The total cost of Jobs #323 and #325 is identical.
Refer to Greek Products Company. What amount of overhead is applied to Job #325?

Quizplus · Accepted Answer

Since the total cost of Jobs #323 and #325 is identical, they will have the same amount of overhead applied. Therefore, the overhead applied to Job #325 is 150% of its direct labor cost. Without information on the direct labor cost of Job #325, we cannot calculate the exact amount of overhead applied.

Greek Products Company the Following Information Pertains to Greek Products