On July 1, Job 46 had a beginning balance of $1,235. During July, prime costs added to the job totaled $560. Of that amount, direct materials were three times as much as direct labor. The ending...


On July 1, Job 46 had a beginning balance of $1,235. During July, prime costs added to the job totaled $560. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,921.



Required:



1.What was overhead applied to the job during July?
$fill in the blank 1



2.What was direct materials for Job 46 for July? Direct labor?













Direct labor$fill in the blank 2
Direct materials$fill in the blank 3


3.Assuming that overhead is applied on the basis of direct labor cost, what is the overhead rate for the company? (Note: Round your answer to the nearest whole percent.)
fill in the blank 4




Jun 09, 2022
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