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Irene Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Percentage

Question 98

Multiple Choice

Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of 2014, Irene estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000. In June, 2014, Job 711 was completed. Job stats are as follows: Irene Manufacturing uses a predetermined overhead allocation rate based on percentage of direct labor cost. At the beginning of 2014, Irene estimated total manufacturing overhead costs at $1,050,000 and total direct labor costs at $840,000. In June, 2014, Job 711 was completed. Job stats are as follows: How much was the cost per unit of finished product? A) $374.38 B) $202.50 C) $254.50 D) $283.75 How much was the cost per unit of finished product?


A) $374.38
B) $202.50
C) $254.50
D) $283.75

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