Refer to the job cost information in Figure 2.10. Why is Custom Furniture Company comparing estimated product
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Job 45 Job 40 Job 44 Estimate Actual Actual Actual Estimate Estimate Sales price Direct materials Direct labor Manufacturing overhead Total production costs Gross profit Gross profit as percent of total production costť“ $ 18,360 $ 1,500 3,300 6,000 $ 18,360 $ 3,500 3,800 6,200 $ 27,030 $ 2,800 $ 13,260 $ 2,500 2,300 4,100 $ 8,900 $ 4,360 $ 27,030 $ 13,260 $ 3,800 4,700 $ 1,100 2,400 4,300 7,800 $ 5,460 4,500 $ 15,900 $ 17,400 $ 9,630 $ 10,800 $ 7,560 $ 13,500 $ 4,860 11,130 55% 49% 70% 36% 70% 70%
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