ScholarMatic: Explanation & Answer
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Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 73,000 direct labor-hours, total fixed manufacturing overhead cost of $109,500, and a variable manufacturing overhead rate of $4.50 per direct labor-hour. Recently Job X387 was completed and required 240 direct labor-hours.
Required:
Calculate the amount of overhead applied to Job X387. (Do not round intermediate calculations.)
Overhead applied to Job X387 _____
ScholarMatic: Explanation & Answer
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