How much overhead is applied to job

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Reference no: EM131219592

1. At speedco, direct labor is charged at $25 per direct labor hour and overhead is applied at a rate of $20 per machine hour. Job XYZ required $250 of materials, 3 hour of direct labour and 2 hour of machine time. How much overhead is applied to job XYZ?

2. At SlowCo, overhead is charged based on direct labor hour. They use a predetermined overhead rate on their original budget for the year. The total overhead is the original budget is $1,500,00. The original budget for direct labor is 100,000 hour at $10 per hour, or $1000,00. Job ABC required $300 of materials, 4 hour of direct labor, and 3 hour of machine time. How much overhead is applied to job ABC?

Reference no: EM131219592

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