Milton Company is a steel fabricator, and job 325 consists of producing 600 steel supports for Wendell

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Milton Company is a steel fabricator, and job 325 consists of producing 600 steel supports for Wendell Construction Company. Over¬ head is applied on the basis of direct labor hours, using a predetermined overhead rate of $20 per hour. Direct costs associated with Job 325 are: direct materials, $8,000; direct labor, 200 hours at $18 per hour.


Required
Calculate the cost of Job 325.

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Related Book For  book-img-for-question

Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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