Edwards Company uses job-order costing. Manufacturing overhe…
Edwards Company uses job-order costing. Manufacturing overhead is applied using a predetermined rate of 150% of direct labor cost. Additional information is available as follows: Direct materials requisitions for February totaled $26,000. Direct labor cost of $20,000 was incurred for February. Actual manufacturing overhead was $32,000 for February. The only job still in process at February 28 was Job 104, with costs of $2,800 for direct materials and $1,800 for direct labor. For the month of February, the manufacturing overhead was: