Question

Mansfield Heating & Cooling instals and services commercial heating and cooling systems. Mansfeld uses job costing to calculate the cost of its jobs Overhead slowed to each b based on the number of direct labor hours spent on that the beginning of the current you, Marveld ested that overhead for the coming year would be 57. 200. Ito anticipated using 4200 direct labor hours for the you In July, Mansfield started and completed the following woobs Click the icon to view the jobs.) Manifold paid a $22-per-hour ago to the oployees who worked on these two jota Read the current Requirement. What is ano's predominadovedite based on direct labor hours? Determine the form to calculate Mansfield's predetermined overhead teed on direct labor hours, then the C ated yearly avereados Estimated yearly Grect labor hour wined where Data Table Requirement 2. Calculate the overhead to be allocated to each of the two based on dret bor hours Job 101 ob 102 Job 101 ob 102 10.000 2500 Overhead costs Dracta Director hours Requirement. What is the couro 101 Wa the total cost of 100 102 12500 Drect manas Direct into Overhead Total job cost

Answer 1

Requirement 2. Overhead Costs Job 101 Job 102 (185 hrs x $16) (66 hrs x $16) = $ 2,960 $ 1,056 Requirement 3. Direct Materials Direct Labour Job 101 Job 102 $ 16,000 $ 12,500 185 hrs x $22 66 hrs x $22 = $ 4,070 $ 1,452 2,960 $ 1,056 $ 23,030 $ 15,008 Overhead Total job cost

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