Meenach Corporation Uses a Job-Order Costing System with a Single

Essay

Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours.The company based its predetermined overhead rate for the current year on 80,000 direct labor-hours,total fixed manufacturing overhead cost of $160,000,and a variable manufacturing overhead rate of $2.30 per direct labor-hour.Recently Job X387 was completed and required 120 direct labor-hours.
Required:
Calculate the amount of overhead applied to Job X387.