Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $750. During July, prime costs added to the job

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Job Order Costing Variables On July 1 Job 46 Had A Beginning Balance Of 750 During July Prime Costs Added To The Job 1 (20.72 KiB) Viewed 25 times

Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $750. During July, prime costs added to the job totaled $650. Of that amount, direct materials were three times as much as de labor. The ending balance of the job was $1,600. Required: 1. What was overhead applied to the job during July? 2. What was direct materials for Job 46 for July? Direct labor? If rounding is required, round your answers to the nearest cent Direct labor Direct materials 3. Assuming that overhead is applied on the basis of direct labor cost, what is the overhead rate for the company? Round your answer to the nearest whole percent.