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What are total overhead costs assigned for iris division

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Reference no: EM132657055

The following information is available pertaining to Iris Division that uses a traditional (plantwide) overhead rate based on direct labor hours:
 
                                    Total
Overhead                     $210,000
Direct labor-hours          100,000
Machine-hours                400,000

Job 101 used the following resources

Direct costs            $10,000

Direct Labor-hours       250

Machine-hours                20

Units produced                500

Problem 1: What are the total overhead costs assigned to Job 101?

Option 1: $525

Option 2: $2.10

Option 3: $360

Option 4: $18

Reference no: EM132657055

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