Determine the cost of the following job number 253 using

Question

Exercise- Allocating Manufacturing Overhead to Jobs

Webber Fabricating estimated the following annual costs.

Expected annual direct labor cost          $ 625,000

Expected machine hours                         20,000

Expected material cost for the year       $ 800,000

Expected manufacturing overhead         $ 1,000,000

Required - Determine the cost of the following job (number 253) using each of the four overhead allocation rates.

Job 253

Direct materials                        $3,000

Direct Labor (150hrs @$12/hr)   $1,800

Machine hours used                   150