Homework Answers
| Under normal costing : | |
| Mfg. OH application rate=Budgeted MOH/Budgeted Machine hrs. | |
| ie. 1250000/2500= | |
| 500 | |
| per M/c hr. | |
| Cost for Job No. 326 | |
| Direct material | 18600 |
| Direct labor | 19650 |
| Manufacturing OH(80 hrs.*$ 500) | 40000 |
| Total cost of Job No. 326 | 78250 |
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