based on a predetermined overhead rate of 42.00 per direct labor hour. Job 25 (W

Q: based on a predetermined overhead rate of 42.00 per direct labor hour. Job 25 (W

Direct Material (DM) (B) $ 3,100 (6.20 * $ 500) 0 Direct Labour (DL) (C) $ 1,890 (70 Hours * $ 27) 0 OH Applied (D) $ 2,940 (70 Hours * $ 42) 0 $ 7,390 ($ 3,100+$ 1,890+$ 2,940) WIP - Job#25 Debits Credits B.Balance (A) 0 0 Direct Material (DM) (B) $ 3,100 (6.20 * $ 500) 0 Direct Labour (DL) (C) $ 1,890 (70 Hours * $ 27) 0 OH Applied (D) $ 2,940 (70 Hours * $ 42) 0 E. Balance (E = A+B+C+D) 0 $ 7,390 ($ 3,100+$ 1,890+$ 2,940)

ID: 342088 • Letter: B

Question

based on a predetermined overhead rate of 42.00 per direct labor hour. Job 25 (WIP) required 6.20 tons of direct materials (DM). The materials cost is 500.00 per ton. Hourly direct labor (DL) costs average 27.00. Time cards put the use of direct labor at 70.

Special Installations Inc. allocates mfg. overhead

Job 25 was started and completed in April. Determine the total cost of Job 25. Show your answer using a Work in Process T-Account. WIP-Job #25 Debits Credits B. Balance 3100 DM 1890 DL 2940 OH Applied ?7? E. Balance Note: If a particular debit or credit does not apply enter a 0 (zero) in the cell.

Explanation / Answer

Direct Material (DM) (B)

$ 3,100

(6.20 * $ 500)

Direct Labour (DL) (C)

$ 1,890

(70 Hours * $ 27)

OH Applied (D)

$ 2,940

(70 Hours * $ 42)

$ 7,390

($ 3,100+$ 1,890+$ 2,940)

WIP - Job#25 Debits Credits B.Balance (A) 0 0