Reference no: EM132566955
Badour Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours were 114,000 and estimated factory overhead was $695,400. The following information was for September. Job X was completed during September, while Job Y was started but not finished.
September 1, inventories:
Materials$9,000
Work-in-process (All Job X) 37,400
Finished goods 80,400
Materials purchases$125,000
Direct materials requisitioned:
Job X$54,500 Job Y 40,000
Direct labor hours:
Job X 5,000 Job Y 4,500
Labor costs incurred:
Direct labor ($6.00 per hour)$57,000
Indirect labor 16,200
Factory supervisory salaries 7,200
Rental costs:
Factory$8,400
Administrative offices 2,200
Total equipment depreciation costs:
Factory$9,000
Administrative offices 1,900
Indirect materials used$14,400
Question 1: The total factory overhead applied during September is