Question
48126page-2 Uchat Company produces a range of Technological products for industries. It uses a job-costing system to calculate the cost of a particular job.
48126page-2 Uchat Company produces a range of Technological products for industries. It uses a job-costing system to calculate the cost of a particular job. Materials and labors used in the manufacturing process are direct in nature, but manufacturing overhead is allocated to different jobs using direct manufacturing labor costs. Uchat provides the following information: Direct material costs Direct manufacturing labor costs Budget for 2019 $5,500,000 Actual Results for 2019 $6,000,000 2.550,000 3,500,000 Manufacturing overhead costs 5,000,000 5,660,000 During March, the job-cost records for Job 555 contained the following information: Direct materials used Direct manufacturing labor costs $147,000 $102,000
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