Most experts note that a good tuba will be between $3,000 and $6,000. However, do keep in mind that some can easily surpass the $15,000 mark. Take a look at the various brands below and the average price range. The cost will depend on the brand, quality, condition and where itâs purchased.
You incur additional costs, such as taxes, benefits and supplies, which increase your actual employment costs. The fully-burdened labor cost is the full hourly cost to employ a worker for the hours she actually works, which includes wages and the âburdenâ of the additional costs.
Predetermined overhead rate is estimated overhead divided by estimated activity. The example states that estimated activity is 200,000 direct labor hours. $1,250,000 / 200,000 direct labor hours = $6.25 per direct labor hour (donât forget to label your numbers) Applying the predetermined overhead rate to jobs. Alright, so we have a rate. Now what? We must apply the rate to our jobs. The rate from our example above is $6.25 per direct labor hour. How do we apply this to our jobs? Based on the direct labor hours worked on the job. For each direct labor hour worked, we will add $6.25 of overhead to the job. Applied overhead is overhead added to a job by taking the predetermined overhead rate multiplied by the actual activity. Applied overhead is added to direct materials and direct labor to calculate total job cost. Total Job Cost = Direct Materials + Direct Labor + Applied Overhead. Every time a job is completed, overhead is applied to the job. The total cost of all the jobs completed over the course of the year is cost of goods sold. Example #2