The following data have been recorded for recently completed Job 323 on its job
ID: 2420485 • Letter: T
Question
The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,087. A total of 37 direct labor-hours and 192 machine-hours were worked on the job. The direct labor wage rate is $17 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $23 per machine-hour. The total cost for the job on its job cost sheet would be:
The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,087. A total of 37 direct labor-hours and 192 machine-hours were worked on the job. The direct labor wage rate is $17 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $23 per machine-hour. The total cost for the job on its job cost sheet would be:
Explanation / Answer
Answer
JOB COST SHEET Direct Materials $2,087 Direct Labour cost ( 37 hours * $17) $629 Manufacturing Overhead (192 hours * $23) $4,416 Total Cost $7,132Related Questions
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