Harrison allocates factory overhead on the basis of direct labor cost.The overhead rates for the year are 50% for Department A and 100% for DepartmentB.Harrison started and completed job M15 during May.The costs of job M15 are summarized below.

The total manufacturing costs assigned to job M15 during May were $1,400,000.
Required: Calculate the missing (?)costs (Department A direct materials and factory overhead and Department B direct labor).
Department A factory overhead $250,000
Department B direct labor = $200,000
Department A direct materials = $100,000

Question

Harrison allocates factory overhead on the basis of direct labor cost.The overhead rates for the year are 50% for Department A and 100% for DepartmentB.Harrison started and completed job M15 during May.The costs of job M15 are summarized below.
  
The total manufacturing costs assigned to job M15 during May were $1,400,000.
Required: Calculate the missing (?)costs (Department A direct materials and factory overhead and Department B direct labor).
Department A factory overhead $250,000
Department B direct labor = $200,000
Department A direct materials = $100,000

Quizplus · Accepted Answer

The Answer of Harrison allocates factory overhead on the basis of direct labor cost.The overhead rates for the year are 50% for Department A and 100% for DepartmentB.Harrison started and completed job M15 during May.The costs of job M15 are summarized below.
  
The total manufacturing costs assigned to job M15 during May were $1,400,000.
Required: Calculate the missing (?)costs (Department A direct materials and factory overhead and Department B direct labor).
Department A factory overhead $250,000
Department B direct labor = $200,000
Department A direct materials = $100,000

Harrison Allocates Factory Overhead on the Basis of Direct Labor