Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $303,000.The manufacturing overhead costs will be allocated based on direct labor hours.Gardner estimates 6000 direct labor hours for the coming year.In January,Gardner completed Job A33,which used 50 machine hours and 24 direct labor hours.What was the amount of manufacturing overhead allocated to Job A33? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar.)

Question

Quizplus · Accepted Answer

The manufacturing overhead rate is calculated as $303,000 / 6,000 direct labor hours = $50.50 per direct labor hour. For Job A33, the overhead allocated is 24 direct labor hours * $50.50 = $1,212.

Gardner Machine Shop Estimates Manufacturing Overhead Costs for the Coming