Simpson Company applies overhead on the basis of 200% of direct labor cost.Job No.305 is charged with $150,000 of direct materials costs and $200,000 of manufacturing overhead.The total manufacturing costs for Job No.305 is:
A)$350,000
B)$450,000
C)$500,000
D)$550,000

Question

Quizplus · Accepted Answer

The Answer of Simpson Company applies overhead on the basis of 200% of direct labor cost.Job No.305 is charged with $150,000 of direct materials costs and $200,000 of manufacturing overhead.The total manufacturing costs for Job No.305 is:
A)$350,000
B)$450,000
C)$500,000
D)$550,000

Simpson Company Applies Overhead on the Basis of 200% of Direct