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    Oct 22, 2011, 08:09 AM
    Manufacturing overhead is applied on the basis of direct labor cost, what overhead ra
    A job order cost sheet for Aikman Company is shown below.
    Job No. 92 For 2,000 units
    Date Direct materials Direct labor Manufacturing Overhead
    Beg. Bal. Jan. 1 5,000 6,000 4,500
    8 6,000
    12 8,000 6,400
    25 2,000
    27
    4,000 3,200

    13,000 18,000 14,100

    Cost of completed job
    Direct materials $13,000
    Direct labor 18,000
    Manufacturing overhead 14,100

    Total cost $45,100

    Unit cost ($45,100 รท 2,000) $22.55








    On the basis of the foregoing data answer the following questions.
    What was the balance in Work in Process Inventory on January 1 if this was the only unfinished job?
    $


    If manufacturing overhead is applied on the basis of direct labor cost, what overhead rate was used in each year?

    Last Year %
    This Year %

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