Olympia Manufacturing uses a predetermined overhead allocation rate based on direct labor cost.At the beginning of the year,Olympia estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $820,000.In June,Job 511 was completed.The details of Job 511 are shown below.
What is the amount of manufacturing overhead costs allocated to Job 511? (Round any percentages to two decimal places and your final answer to the nearest dollar. )
A) $16,012
B) $29,561
C) $10,554
D) $19,485
Correct Answer:
Verified
Q63: Aaron,Inc.estimates direct labor costs and manufacturing overhead
Q71: Sybil,Inc.uses a predetermined overhead allocation rate to
Q73: Which of the following correctly describes the
Q82: Davie,Inc.used estimated direct labor hours of 245,000
Q84: The Carlin Fabrication Plant suffered a fire
Q85: Haddows,Inc.completed Job GH6 last month.The cost details
Q86: Halcyon,Inc.completed Job 10B last month.The cost details
Q87: Jezebel,Inc.completed Job 12 and several other jobs
Q88: Clinton Manufacturing uses a predetermined overhead allocation
Q98: The journal entry to record allocation of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents