question archive Venus Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost
Subject:BusinessPrice:2.87 Bought7
Venus Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, it estimated the manufacturing overhead rate to be 20% of the direct labor cost. In the month of Jun Venus completed Job 13C and its details are as follows:
Direct materials cost $6,680
Direct labor cost $23,000
Direct labor hours34 hours
Units of product produced 250
What is the total cost incurred for Job 13C?
A. $27,600
B. $31,016
C. $34,280
D. $11.280
Purchased 7 times