Sweet Co. uses budgeted overhead rates to apply overhead to individual jobs. They use a system based on direct

labor hours. Last year, the company made the following estimates for this year.

Direct labor costs                 $48,000,000

Factory overhead costs         $6,400,000

Direct Labor Hours                     80,000

Machine Hours                          110,000

(a) What is the budgeted overhead rate for the company?

(b) If Job #34567 had the following:

Material costs were $500,000;

Direct labor costs were $450,000;

Direct labor hours were 25,000; and

Machine hours were 36,000,

then what is the total cost of Job #34567?

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