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The Kraig Corporation Manufactures Custom-Made Purses

Question 71

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The Kraig Corporation manufactures custom-made purses.The following data pertains to Job XY5:
The Kraig Corporation manufactures custom-made purses.The following data pertains to Job XY5:     Plantwide overhead is applied using a plant-wide rate based on direct labor hours.Plantwide overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000.Job XY5 consists of 50 units.What is overhead cost assigned to Job XY5? A)  $200 B)  $400 C)  $750 D)  $1,500 Plantwide overhead is applied using a plant-wide rate based on direct labor hours.Plantwide overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000.Job XY5 consists of 50 units.What is overhead cost assigned to Job XY5?


A) $200
B) $400
C) $750
D) $1,500

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