Meger Manufacturing uses the direct labor cost method for applying factory overhead to production.The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000,respectively.
During the year,the company started and completed Job 352A,which had direct material and labor costs of $32,000 and $45,000,respectively.What was the cost of Job 352A?
A)$ 77,000
B)$ 81,000
C)$102,600
D)$113,000

Question

Meger Manufacturing uses the direct labor cost method for applying factory overhead to production.The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000,respectively. ​
During the year,the company started and completed Job 352A,which had direct material and labor costs of $32,000 and $45,000,respectively.What was the cost of Job 352A?
A)$ 77,000
B)$ 81,000
C)$102,600
D)$113,000

Quizplus · Accepted Answer

The Answer of Meger Manufacturing uses the direct labor cost method for applying factory overhead to production.The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000,respectively. ​
During the year,the company started and completed Job 352A,which had direct material and labor costs of $32,000 and $45,000,respectively.What was the cost of Job 352A?
A)$ 77,000
B)$ 81,000
C)$102,600
D)$113,000

Meger Manufacturing Uses the Direct Labor Cost Method for Applying