Asked by
Tameka Cheek
on Oct 15, 2024Verified
A company's overhead rate is 200% of direct labor cost.Using the following incomplete accounts,determine the cost of direct materials used.

A) $130,000.
B) $65,000.
C) $270,000.
D) $265,000.
E) $280,000.
Overhead Rate
A calculation used to allocate overhead costs to produced goods or services, often based on direct labor hours or machine hours.
Direct Labor Cost
The wages and related expenses for workers who are directly involved in the production of goods or services.
- Determine the overall employment expense by summing the costs of direct materials, direct labor, and overhead allocation.
- Gain the ability to calculate and implement overhead rates in job costing.
Verified Answer
CM
Learning Objectives
- Determine the overall employment expense by summing the costs of direct materials, direct labor, and overhead allocation.
- Gain the ability to calculate and implement overhead rates in job costing.
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