Homework: Homework Assignment #7 Score: 0.06 of 1 pt 1 of 3 (3 complete) ? HW Sc

Question

Homework: Homework Assignment #7 Score: 0.06 of 1 pt 1 of 3 (3 complete) ? HW Score: 57 P17-29A (similar to) Root Technology Co. manufactures CDs and DVDs for computer software and entertainment companies Root uses job order costing. On September 2, Root began production of 6,000 DVDs, Job 423 for Panorama Pictures for $1.30 sales p promised to deliver the DVDs to Panorama Pictures by September 5 Root incurred the following costs EE (Click the icon to view the costs.) Root Technology allocates manufacturing overhead o obs ba d on he reason be een estimated overhead 0 i a estimate arer ator costs of e) o o6 was timpeded and no don seo era Read the reguirements Dale Promised 9-5 Date Completed 9-3 Data Table Direct materials Direct labor Manufacturing overhead allocated Labor Time Description Amount 10 hours e@ s18 per hour 180 260 Requisitiorn Record DateLabor Time Record No. Rate 855 656 Date Number Number Amount 9 02 of drect 20 hours $13 per hour 655 S 180 63 s 64 74 9-2 labor cost Materials Overal Cost Summary Requisition 135 656 260 Direct materials 9-3 Direct labor Manufacturing overhead Allocaterd Total Job Cost No. 63 31 bs polycarbonate plastc $12 per b s 372 64 25 ibs, acrylic plashc @ $29 per b 74 3 lbs. refined aluminum S45 per b 902 9103 s 440 Cost per DVD Print Done Choose from any list or enter a ny number in the input fields and then click Check check Awe Clear All O Type here to search

Explanation / Answer

Manufactured overhead allocated Direct labor cost incurred 440 Estimated overhead cost to be applied as a % of direct labor cost 125 Manufactured overhead allocated 550 OR Direct labor cost incurred 440 Estimated overhead cost to be applied per $ of direct labor cost 1.25 Manufactured overhead allocated 550 Working Note Estimated overhead cost 600000 Estimated direct labor cost 480000 Estimated overhead cost to be applied per $ of direct labor cost 1.25 Estimated overhead cost to be applied as a % of direct labor cost 125 Overhead cost summery Direct materials 1232 Direct labor 440 Manufacturing overhead allocated 550 Total Job Cost 2222 Cost per DVD divide by 6000 dvd 0.370333

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