The Kraig Corporation manufactures custom-made purses. The following data pertains to Job XY5: Plantwide overhead is applied using a plant-wide rate based on direct labor hours. Plantwide overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. What is overhead cost assigned to Job XY5?

Question

The Kraig Corporation manufactures custom-made purses. The following data pertains to Job XY5:  Plantwide overhead is applied using a plant-wide rate based on direct labor hours. Plantwide overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. What is overhead cost assigned to Job XY5?

Quizplus · Accepted Answer

The Answer of The Kraig Corporation manufactures custom-made purses. The following data pertains to Job XY5:  Plantwide overhead is applied using a plant-wide rate based on direct labor hours. Plantwide overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. What is overhead cost assigned to Job XY5?

The Kraig Corporation Manufactures Custom-Made Purses