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osgood company, which applies overhead at the rate of 170% of direct material cost, began work on job no. 101 during june. the job was completed in july and sold during august, having accumulated direct material and labor charges of $42,000 and $29,000, respectively. on the basis of this information, the total overhead applied to job no. 101 amounted to

Sagot :

The total manufacturing cost is $100,400. The total overhead applied to Job No. 101 can be calculated by multiplying the direct materials cost of $42,000 by the overhead rate of 170%, which amounts to $71,400.

This total is then added to the direct labour cost of $29,000, resulting in a total manufacturing cost of $100,400 for Job No. 101.

The total cost of all resources used to produce a product is known as the manufacturing cost. Direct costs for materials, direct labour, and manufacturing overhead are the three subcategories of manufacturing costs. It affects the overall cost of delivery.

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