Slater Industries makes custom optical glass equipment. The company began two jobs during January 2004. There was no beginning inventory. The following information is available:

Slater’s estimated manufacturing overhead for 2004 is $110,400, and the company estimates that labor force will work 9,200 direct labor hours. Slater applies overhead to production based on direct labor hours.
Required:

a. Calculate the cost of Job 7.

b. Calculate the cost of Job 8.

Transcribed Image Text:

Direct material Job 7 $7,250 Job 8 $3,640 Direct labor $4,251 $5,125 Direct labor hours 212 234