Complete the following problem. The lead time is one week and the demand time fence is the end of week 3. There are 20 on hand. The lot size is 60. Period 1 2 3 4 5 6
Forecast 20 21 22 20 28 25
Customer Orders 19 18 20 18 30 22
Projected Available Balance
MPS
ATP

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?