Maple Company uses a job costing system Maple Companys sched

Maple Company uses a job costing system. Maple Company\'s schedule of cost of goods manufactured showed the following amounts for the month ended August 31. Cost of direct materials used Cost of goods manufactured Cost of direct labor ($22 per hour) Work in process inventory, August1 Manufacturing overhead cost is allocated at the rate of $23 per direct labor hour $42,200 124,000 73,700 14,500 What is the amount of allocated manufacturing overhead costs for August? A. S77.050 O B. $73,700 O C. $42,200 O D. $124,000

Solution

A. $77,050

The amount of allocated manufacturing overhead costs for August is:

= ($73,700 / $22) × $23

= $77,050