ocation base. The company pays its direct laborers $15 per hour. During the year, the company started and mpleted only two jobs-Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost shee these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost quired: ? ? ? $ 1,533,500 $ 235,000 345,000 184,000 $ 764,000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 2PB: Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500...
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Hahn Company uses job-order costing. Its plantwide predetermined overhead rate uses direct labor-hours as the
allocation base. The company pays its direct laborers $15 per hour. During the year, the company started and
completed only two jobs-Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost sheets
for these two jobs are shown below:
Job Alpha
Direct materials
Direct labor
Manufacturing overhead applied
Total job cost
Job Omega
Direct materials
Direct labor
Manufacturing overhead applied
Total job cost
?
?
?
$ 1,533,500
$ 235,000
345,000
184,000
$ 764,000
Required:
1. Calculate the plantwide predetermined overhead rate.
2. Complete the job cost sheet for Job Alpha.
Transcribed Image Text:Hahn Company uses job-order costing. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost ? ? ? $ 1,533,500 $ 235,000 345,000 184,000 $ 764,000 Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha.
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