Question 175361: Can someone please help me with this problem:
Manufacturing is currently working on two jobs. The job order cost sheets for Job 101 and Job 102 showed the following information:
Job 101:
Direct Materials $12,000
Direct Labor 24,000
Job 102:
Direct Materials $15,000
Direct Labor 45,000
If overhead is applied to jobs at $.80 per direct labor dollar, the total manufacturing cost for the two jobs would be:
a. $96,000
b. $151,200
c. $55,200
d. $162,000
Answer by gonzo(654)   (Show Source):
You can put this solution on YOUR website! total material is 12000 + 15000 = 27000
total direct labor is 24000 + 45000 = 69000
total overhead is .8 * 69000 = 55200
total cost for the job is 27000 + 69000 + 55200 = 151200
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