At Baumann's Fine Meats, the butchers will hand cut steaks to the thickness their customers specify and trim off the excess fat.
1 answer:
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Answer:
Job 301 $ 11,000
Job 302 $ 16,500
Job 303 $ 22,000
Explanation:
To calculate the overhead rate <u>we divide the estimated overhead cost by the estimated cost driver:</u>
0.55 overhead rate
Job 301 $20,000 labor cost x 0.55 overhead rate
11,000
Job 302 $30,000 labor cost x 0.55 overhead rate
16,500
Job 303 $40,000 labor cost x 0.55 overhead rate
22,000