Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Applied Overhead is applied at $180 per direct labor hour. What is the total job cost for Job 12336? Round your final answer to

1. Applied Overhead is applied at $180 per direct labor hour.

What is the total job cost for Job 12336?

Round your final answer to 2 decimal places and do not include the $ in your answer.

2. Fill in the Student Worksheet.

What is the total $ amount of direct materials used?

Round only your final answer to 2 decimal places. Do not use a $ in your answer.

3. What is the total $ amount of Direct Labor?

Round your answer to 2 decimal places. Do not include the $ sign.

4. Manufacturing Overhead is applied on the basis of $180 per direct labor hour. What is your total amount of Applied Manufacturing Overhead? Round only your final answer to 2 decimal places. Do not include the $ sign.

5. What is the total cost for all jobs? Round only your final answer to 2 decimal places. Do not include the $ in your answer.

6. Instead of direct labor hours as the driver for Applied Manufacuring Overhead, the company has decided to use 25% of direct material dollars.

What is the total job cost now for Job 12328? Round your final answer to 2 decimal places. Do not inclue the $ sign.

7. Instead of direct labor hours as the driver for Applied Manufacturing Overhead, the company has decided to use 25% of direct material dollars. What is the percentage change in job costs for all jobs compared to when they applied overhead on the basis of direct labor hours?

Show an increase as just the number. Use a negative sign in your answer for a decrease. Round your answer to 2 decimal places. Examples:

  • If your answer is an increase of 0.12345 which is the same as 12.345%, you will type in 12.35 for your answer
  • If your answer is a decrease of 0.12345 (the same as -0.12345) which is the same as -12.345%, you will type in -12.35 for your answer.

Email me so i can give you the excel sheet

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting The Cornerstone Of Business Decision-making, , (6 Months)

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

7th Edition

1337115924, 9781337115926

More Books

Students also viewed these Accounting questions

Question

What is oxidized and reduced in this reaction? Explain.

Answered: 1 week ago