Answer:
Direct material= $12,867
Explanation:
Giving the following information:
Job 590:
Total cost= $29,200
Manufacturing overhead= $7,000
The rate is 75% of direct labor.
First, we need to calculate the direct labor cost:
Direct labor= allocated overhead/0.75
Direct labor= 7,000/0.75= $9,333
Now, we can calculate the direct material cost:
Total cost= direct material + direct labor + allocated overhead
29,200= direct material + 9,333 + 7,000
direct material= $12,867
