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Business, 13.10.2020 04:01 mckenziet73

Rhianna makes edgy women's custom t-shirts. Rhianna started her business this year, and she uses a normal costing system. The company has two direct cost pools, materials and labor, and one indirect cost pool, overhead. Overhead is charged to jobs on the basis of direct labor cost. The following information is available for the most recent year: Budgeted direct labor costs $ Budgeted overhead costs $ Costs of material actually used $ Actual direct labor costs $ Actual overhead costs $ Rhianna had two jobs in process on December 31 of this year Jobs 75 and 76. There is no finished goods inventory because jobs are sent to customers as soon as they are completed. Direct costs associated with each job are below:. Job 75 Job 76 Direct materials $ $ Direct labor $ $ Based on this data, the predetermined overhead rate is $ of manufacturing overhead for each dollar of direct labor costs. Required: Round your answer to the nearest dollar. Do not include %, $, etc. in your response. Using this overhead allocation rate and the data above, calculate: 1. The total manufacturing cost for Job 75. 2. The total manufacturing cost for Job 76.

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