Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7: ...

80.2K

Verified Solution

Question

Accounting

Orange Corporation manufactures custom-made wallets. The following data pertains to Job GH7:

Direct materials placed into production $5,000
Direct labor hours worked 75 hours
Direct labor rate per hour $35
Machine hours worked 200 hours

Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead was budgeted at $100,000 for the year, and the direct labor hours were estimated to be 25,000. Job GH7 consists of 60 units. What is overhead cost assigned to Job GH7?

a. $160

b. $400

c. $240

d. $210

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students