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Title: Olympia Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct ... Post by: H3Ko on Sep 6, 2016 Olympia Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, Olympia estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $830,000. In June, Job 511 was completed. The details of Job 511 are shown below.
Direct materials cost $26,500 Direct labor cost $11,000 Direct labor hours 400 hours Units of product produced 300 hours What is the amount of manufacturing overhead costs allocated to Job 511? (Round any percentages to two decimal places and your final answer to the nearest dollar.) A) $32,247 B) $13,386 C) $9,040 D) $21,777 Title: Re: Olympia Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Post by: .unplugged. on Sep 6, 2016 Content hidden
Title: Re: Olympia Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct ... Post by: H3Ko on Oct 12, 2016 I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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