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Venus Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Direct

Question 87

Multiple Choice

Venus Manufacturing uses a predetermined overhead allocation rate based on direct labor cost.At the beginning of the year,it estimated the manufacturing overhead rate to be 30% of the direct labor cost.In the month of June,Venus completed Job 13C and its details are as follows:  Direct materials cost $6820 Direct labor cost $26,000 Direct labor hours 31 hours  Units of product produced 200\begin{array} { | l | r | } \hline \text { Direct materials cost } & \$ 6820 \\\hline \text { Direct labor cost } & \$ 26,000 \\\hline \text { Direct labor hours } & 31 \text { hours } \\\hline \text { Units of product produced } & 200 \\\hline\end{array} What is the total cost incurred for Job 13C?


A) $34,866
B) $33,800
C) $14,620
D) $40,620

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