Logan Company uses a job order costing system. A predetermined overhead rate of
ID: 2418784 • Letter: L
Question
Logan Company uses a job order costing system. A predetermined overhead rate of $7 per machine hour in Department A and 220 percent per direct labor dollar in Department B has been established based upon the following information at the beginning of the year: Department A Department B
Estimated overhead (A) $40,600 (B) $88,000
Estimated machine hours (A) 5,800 (B) 12,500
Estimated direct labor dollars (A) $40,000 (B) $40,000
Estimated direct labor hours (A) 5,000 (B) 3,125
Job 19 for 100 units is started in Department A and completed in Department B. Determine the total cost of Job 19 and complete the job cost card based on the following information:
Department A Department B
Direct materials (A) $800 (B) $950
Direct labor dollars (A) $490 (B) $180
Direct labor hours (A) 30 (B) 12
Machine hours (A) 15 (B) 30
Job Order JOB ORDER COST CARD
Customer: Batch: Custom:
Specifications:
Date of Order:
Date of Completion:
Costs Charged to Job Previous Months Current Month Cost Summary
Direct materials Department A Department B
Total direct materials Direct Labor Department A Department B
Total direct labor Overhead Department A Department B
Total overhead
Total cost Units completed Product unit cost
Explanation / Answer
Details Details Amount Amount Direct Material 800.00 Direct Labour 490.00 Mfg OH 15*7 105.00 Cost of Mfg in Dep A 1,395.00 Product Unit Cost 1395/100 13.95 Cost of Mfg in Dep A Trfd to Dep B 1,395.00 Direct Material 950.00 Direct Labour 180.00 Mfg OH 180*220/100 396.00 Total Cost of Mfg 2,921.00 Product Unit Cost 2921/100 29.21
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