Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

A company has an overhead application rate of 124% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $24,000?

Sagot :

Answer:

$29,760

Explanation:

Overhead application rate = 124% of direct labor cost

The required total labor costing = $24,000

Total overhead applied = Overhead application rate *  $24,000

Total overhead applied = 124% * $24000

Total overhead applied = $29,760

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.