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During the Month of August, Ross MotorCo Applied Overhead to Jobs

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During the month of August, Ross MotorCo applied overhead to jobs using an overhead rate of $0.80 per dollar of direct labor.Direct labor in August was $138,000.Estimated overhead in August was $112,800.Actual overhead was composed of the following items:  Indirect materials $16,400 Indirect labor 24,900 Utilities 24,500 Depreciation 38,700 Repair expense 13,500 Total $118,000\begin{array} { l r } \text { Indirect materials } & \$ 16,400 \\\text { Indirect labor } & 24,900 \\\text { Utilities } & 24,500 \\\text { Depreciation } & 38,700 \\\text { Repair expense } & 13,500 \\\text { Total } & \$ 118,000 \\\hline\end{array} How much will Ross MotorCo record as a debit to Manufacturing Overhead during the year?


Definitions:

College Education

The post-secondary educational experience and credentials obtained from attending a college or university.

Skilled Jobs

Positions that require special training, knowledge, or ability, often acquired through education or experience.

Unskilled Jobs

Positions that require minimal specialized skills, training, or education, often characterized by routine tasks and low pay.

Human Capital

The collective skills, knowledge, abilities, and other attributes embedded in individuals that contribute to their economic productivity.

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