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Use the information below to answer the following question(s) .
Portend Company uses a job costing system. The company's schedule of cost of goods manufactured showed the following amounts for September.
Manufacturing overhead cost is allocated at the rate of $6 per direct labour hour
Actual manufacturing overhead costs for September amount to $11,000.
-What is the amount of allocated manufacturing overhead costs for the month at Portend Company?
Predetermined Overhead Rate
A rate used to allocate manufacturing overhead costs to products, calculated before the period begins based on an estimate of total overhead costs and an allocation base.
Manufacturing Departments
Specific sections within a manufacturing facility where distinct stages of the production process are carried out, such as assembly or painting.
Machine-Hours
A measure of production output or work measurement based on the number of hours machines are operated.
Job-Order Costing System
A cost accounting system in which costs are assigned to specific jobs or batches, used in manufacturing and services.
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