ABC Company uses a job order cost system with overhead applied
to products on the basis of machine hours. For the upcoming year,
the company estimated its total manufacturing overhead cost at
$259,530 and total machine hours at 63,300. During the first month
of operations, the company worked on three jobs and recorded the
following actual direct materials cost, direct labor cost, and
machine hours for each job:
Job 101
Job 102
Job 103
Total
Direct materials used
$
11,800...