The Kraig Corporation manufactures custom-made purses. The following data pertains to Job XY5: Direct materials placed into production $4,000 Direct labor hours worked 50 hours Direct labor rate per hour $15 Machine hours worked 100 hours Plantwide overhead is applied using a plant-wide rate based on direct labor hours. Plantwide overhead was estimated at $60,000 for the year and the direct labor hours were estimated to be 15,000. What is overhead cost assigned to Job XY5?
a. $200
b. $1,500
c. $750
d. $400
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