Question - Compute the total job cost for each of the following scenarios:
If the direct labor cost method is used in applying factory overhead and the predetermined rate is 100%, what amount should be charged to Job 2010 for factory overhead? Assume that direct materials used totaled $5,000 and that direct labor cost totaled $3,200. If the direct labor hour method is used in applying factory overhead and the predetermined rate is $10 an hour, what amount should be charged to Job 2010 for factory overhead? Assume that direct materials used totaled $5,000, the direct labor cost totaled $3,200 and the number of direct labor hours totaled 250. If the machine method is used in applying factory overhead and the predetermined rate is $12.50 an hour, what amount should be charged to Job 2010 for factory overhead? Assume that direct materials used totaled $5,000, the direct labor cost totaled $3,200, the number of direct labor hours totaled 250 and the machine hours were 295 hours.