Question 2 2 pts Use this information for questions 2, 3, 4, & 5 A company that

Question

Question 2 2 pts Use this information for questions 2, 3, 4, & 5 A company that manufactures automobiles applies manufacturing overhead on the basis of direct labor hours. For the month of August, the company estimated that it would incur $500,000 of manufacturing overhead and 50,000 direct labor hours. At the end of the month, the company realized it actually used 65,000 direct labor hours and incurred $450,000 of manufacturing overhead. The company pays workers $8 per direct labor hour, and used $330,000 in direct materials in August At the beginning of the month, the balance in the Work in Process inventory account was $175,000 and at the end of the month, the balance in the Work in Process inventory account was $325,000 2. If Job 133 used 450 direct labor hours and $2,400 of direct materials, what was the total manufacturing cost of the job? (2 points) $6,000 $11,400 $10,500 10,050

Explanation / Answer

2 Direct materials 2400 Direct labor 3600 =450*8 Overhead applied 4500 =500000/50000*450 Total manufacturing cost of the job 10500 Option 3 is correct

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