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ktpizzle1993 ktpizzle1993
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2 months ago

Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data:

Total direct labor-hours50,000
Total fixed manufacturing overhead cost$ 285,000
Variable manufacturing overhead per direct labor-hour$ 3.80

Recently, Job P513 was completed with the following characteristics:

Number of units in the job10
Total direct labor-hours20
Direct materials$ 710
Direct labor cost$ 500

The predetermined overhead rate is closest to:



▸ $13.30 per direct labor-hour

▸ $3.80 per direct labor-hour

▸ $9.50 per direct labor-hour

▸ $5.70 per direct labor-hour
Textbook 

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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patriciakim08patriciakim08
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2 months ago
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$9.50 per direct labor-hour

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ktpizzle1993 Author
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Just got PERFECT on my quiz
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