Pinnacle Inc. manufactures curtains to client specifications. It has two cost categories that are directly traced...
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Pinnacle Inc. manufactures curtains to client specifications. It has two cost categories that are directly traced to its products: materials and labor. It also has estimated overhead that consists of: annual manufacturing supervisor's salary of $139,381 annual manufacturing plant cleaning costs of $104,082 annual manufacturing plant utilities of $193,132 Pinnacle is trying to calculate the cost of making Job #454, which includes: $10,285 in materials 33 hours of labor @ $12 per hour The company also expects to use 23,618 labor hours for the year. If Pinnacle allocates overhead based on $250,000 estimated direct labor dollars, what is the total cost of Job #454? *Hint, make a job order cost sheet for Job 454. It should include materials, labor, and overhead. Round each step to the nearest 2 decimal places. For your final answer, round to the nearest dollar. Pinnacle Inc. manufactures curtains to client specifications. It has two cost categories that are directly traced to its products: materials and labor. It also has estimated overhead that consists of: annual manufacturing supervisor's salary of $139,381 annual manufacturing plant cleaning costs of $104,082 annual manufacturing plant utilities of $193,132 Pinnacle is trying to calculate the cost of making Job #454, which includes: $10,285 in materials 33 hours of labor @ $12 per hour The company also expects to use 23,618 labor hours for the year. If Pinnacle allocates overhead based on $250,000 estimated direct labor dollars, what is the total cost of Job #454? *Hint, make a job order cost sheet for Job 454. It should include materials, labor, and overhead. Round each step to the nearest 2 decimal places. For your final answer, round to the nearest dollar.
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1 Materials Cost 10285 2 Labor Cost 33 hours of labor at 12 per hour 396 3 Overhead Allo... View the full answer
Related Book For
Accounting for Decision Making and Control
ISBN: 978-1259564550
9th edition
Authors: Jerold Zimmerman
Posted Date:
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