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2 January, 23:19

9. The Tulsa Company allocates overhead based on a predetermined overhead rate of $9.00 per direct labor hour. Job S35 required 8 tons of direct material at a cost of $600.00 per ton and took employees who earn $21.00 per hour a total of 80 hours to complete. What is the total cost of Job S35?

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  1. 3 January, 02:44
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    Answer: Total cost of job S353 is $7,200

    Explanation:

    Materials required = 8 tons

    Cost per ton of material = $600 per ton

    DM = Total Direct Materials cost = 8 tons x $600 per ton = $4,800

    Direct labor per hour rate = $21 per hour

    Total number of hours required to complete the job = 80 hours

    DL = Total direct labor cost = $21 per hour x 80 hours = $1,680

    Overhead rate = $9 per direct labor hour

    direct labor hours = 80 hours

    OH = Overhead costs = 80 hours x $9 per direct labor hour = $720

    Total Cost = OH + DL + DM = $4,800 + $1,680 + $720 = $7,200
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Home » Business » 9. The Tulsa Company allocates overhead based on a predetermined overhead rate of $9.00 per direct labor hour. Job S35 required 8 tons of direct material at a cost of $600.00 per ton and took employees who earn $21.
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