Question

Trenton worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's cost record revealed direct material charges of $48,100 and total manufacturing costs of $59,000. If trenton applies overhead at 150% of direct labor cost, the overhead applied to job no. 403 must have been:

Answer 1

Explanation:

Trenton worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's cost record revealed direct material charges of $48,100 and total manufacturing costs of $59,000. If trenton applies overhead at 150% of direct labor cost, the overhead applied to job no. 403 must have been......