Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost.At the beginning of 2014,the company estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000.In June,2014,Job 711 was completed.The details of Job 711 are shown below. How much was the cost per unit of finished product?

Question

Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost.At the beginning of 2014,the company estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000.In June,2014,Job 711 was completed.The details of Job 711 are shown below.  How much was the cost per unit of finished product?

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The Answer of Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost.At the beginning of 2014,the company estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000.In June,2014,Job 711 was completed.The details of Job 711 are shown below.  How much was the cost per unit of finished product?

Irene Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Percentage