Total job costs. (Obj. 2). The O'Brien Manufacturing Company finished Job 357 for 350 engines on July
Question:
Total job costs. (Obj. 2). The O'Brien Manufacturing Company finished Job 357 for 350 engines on July 30, 19X9. The following costs were recorded on the job cost sheet:
Materials $46,560 Labor—Milling 38,890 Labor—Assembly 42,350 Labor—Finishing 34,238 Overhead—Milling 11,560 Overhead—Assembly 14,167 Overhead—Finishing 10,007 Complete the following calculations. (You may want to review Chapter 1 on prime and conversion costs.)
a. What are the prime costs for this job?
b. What are the conversion costs?
c. Determine the total cost for this job and the unit cost for each engine.
LO.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cost Accounting Principles And Applications
ISBN: 9780028034287
6th Edition
Authors: Horace R. Brock, Linda Herrington
Question Posted: