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H3Ko H3Ko
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Posts: 4891
7 years ago
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
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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7 years ago
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H3Ko Author
wrote...
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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