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In: Accounting

Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year:...

Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year:

Total overhead budgeted = $200,000

Total direct labor hours budgeted = 2,000 hours

Actual direct labor hours worked on Job 21 = 100

Actual direct materials = $5,000 total

Actual direct labor = $3,000 total

Actual units completed = 100

The totoal cost of Job 21 is:

a.

$ 22,500

b.

$ 16,000

c.

$ 18,000

d.

$ 19,900

The Total Cost of Job 21 per Unit is:

a.

$ 60

b.

$ 70

c.

$ 90

d.

$ 180

he Overhead Applied to Job 21 is:

a.

$ 25,000

b.

$ 42,000

c.

$ 36,000

d.

$ 10,000

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