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16 September, 21:24

Mansfield Corporation estimates its manufacturing overhead costs to be $160,000 and its direct labor costs to be $320,000 for 2012. The actual manufacturing labor costs were $80,000 for job 1, $120,000 for job 2 and $160,000 for job 3 during 2012. Manufacturing overhead is applied to jobs on the basis of direct labor costs using a predetermined overhead rate. The actual manufacturing overhead cost for the year was $172,000. The amount of overhead assigned to Job 3 during 2012 was: $71,110. $80,000. $160,000. $320,000.

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  1. 16 September, 21:41
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    The answer is $80,000

    Explanation:

    160,000 MO

    320,000 DL$

    Rate MO/DL$ = 160,000/320,000 = 0.5

    80000 DL - -> x 0.5 = 40,000 MO

    120000 DL - -> x 0.5 = 60,000 MO

    160000 DL - -> x0.5 = 80,000 MO

    Total MO 180,000

    Actual 172,000

    Overapplied MO for 8,000
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