A business absorbs overheads on the basis of hours worked on a specific job. If the overhead absorption rate has been calculated at $80 per hour and a job is estimated to take 40 hours. What price would be charged to the customer if the company’s mark-up is 50%?Question 7Answera.$1,600b.$3,200c.$4,800d.$1,200

The following information is available. budget actual overheads $60 000 $66 000 direct labour 30 000 hours 35 000 hours The overhead absorption rate is based on direct labour hours. What is the amount of overhead over-absorbed or under-absorbed? A $4000 over B $4000 under C $6000 over D $6000 under

A company has over-absorbed fixed production overheads for May 20X8 by $5,000.The month's fixed production overhead absorption rate was $7 per unit. This rate was based on the budgeted output of 5,000 units. The actual production for the month was 4,500 units.What amount of fixed production overheads did the company incur for April 20X8?*2 points$26,500$31,500$35,000$36,500

Job #608 used 300 direct labor hours at a rate of $30 per hour. The company applies manufacturing overhead at a rate of 150% of direct labor costs. Calculate the total direct labor cost and the total manufacturing overhead applied to Job #608.Question 15Answera.Direct labour cost: $9,000, Manufacturing overhead: $12,000b.Direct labour cost: $9,000, Manufacturing overhead: $13,500c.Direct labor cost: $10,000, Manufacturing overhead: $13,500d.Direct labor cost: $10,000, Manufacturing overhead: $12,000

A company works on three jobs and incurs the following: Direct materials - $50,000 and Direct labor - $100,000. The company uses a predetermined overhead rate of 60% of direct labor costs. How much overhead will be allocated to the three jobs?Multiple choice question.$60,000$50,000$15,000$75,000

A company produces batches of 1,500 units. Each batch requires 60 machine hours. The overhead is applied at a rate of $30 per machine hour. If the direct materials cost $3,000 and the direct labor costs $2,700 per batch, what is the total cost of the batch and the cost per unit?Question 17Answera.Total cost: $7,500, Cost per unit: $5b.Total cost: $7,200, Cost per unit: $4.80c.Total cost: $6,000, Cost per unit: $4d.Total cost: $6,500, Cost per unit: $4.33