qs 15-11 (algo) applying overhead lo p3\non march 1, a dressmaker starts work on three different custom…

qs 15-11 (algo) applying overhead lo p3\non march 1, a dressmaker starts work on three different custom - designed wedding dresses. the company uses job order costing and applies overhead to each job (dress) at the rate of 44% of direct materials costs. during the month, the jobs used direct materials as shown below. compute the amount of overhead applied to each of the three jobs.\ndirect materials used job 1 $6,100 job 2 $8,100 job 3 $2,600\noverhead applied\njob 1\njob 2\njob 3
Answer
Explanation:
Step1: Calculate overhead for Job 1
Overhead for Job 1 = 44%×Direct materials used for Job 1. So, $0.44\times6100 = 2684$.
Step2: Calculate overhead for Job 2
Overhead for Job 2 = 44%×Direct materials used for Job 2. So, $0.44\times8100 = 3564$.
Step3: Calculate overhead for Job 3
Overhead for Job 3 = 44%×Direct materials used for Job 3. So, $0.44\times2600 = 1144$.
Answer:
Job 1: $2684 Job 2: $3564 Job 3: $1144