Venus Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of the year, they fixed the manufacturing overhead rate at 20% of the direct labor cost. In the month of June, Venus completed Job 13C the costs of which are as follows: $$\begin{array} { | l | r | }
\hline \text { Direct materials cost } & \$ 6,220 \
\hline \text { Direct labor cost } & \$ 900 \
\hline \text { Direct labor hours } & 32 \text { hours } \
\hline \text { Units of product produced } & 250 \text { units } \
\hline
\end{array}$$ What is the total cost incurred for Job 13C?

Question

Venus Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of the year, they fixed the manufacturing overhead rate at 20% of the direct labor cost. In the month of June, Venus completed Job 13C the costs of which are as follows: $$\begin{array} { | l | r | } 
\hline \text { Direct materials cost } & \$ 6,220 \
\hline \text { Direct labor cost } & \$ 900 \
\hline \text { Direct labor hours } & 32 \text { hours } \
\hline \text { Units of product produced } & 250 \text { units } \
\hline
\end{array}$$ What is the total cost incurred for Job 13C?

Quizplus · Accepted Answer

The Answer of Venus Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of the year, they fixed the manufacturing overhead rate at 20% of the direct labor cost. In the month of June, Venus completed Job 13C the costs of which are as follows: $$\begin{array} { | l | r | } 
\hline \text { Direct materials cost } & \$ 6,220 \
\hline \text { Direct labor cost } & \$ 900 \
\hline \text { Direct labor hours } & 32 \text { hours } \
\hline \text { Units of product produced } & 250 \text { units } \
\hline
\end{array}$$ What is the total cost incurred for Job 13C?

Venus Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Percentage