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71 COTB MC Qu. 2-68 (Algo) Assume a company started and completed... 10 Assume a company started and completed numerous jobs during July-one of
71 COTB MC Qu. 2-68 (Algo) Assume a company started and completed... 10 Assume a company started and completed numerous jobs during July-one of which was Job Z. The company uses two departmental predetermined overhead rates. The rate in the Machining Department is based on machine-hours and the rate in the Assembly Department is based on direct labor- hours. The following additional information from the month of July is available for the company as a whole and for Jobs 2 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Estimated variable manufacturing overhead per direct labor-hour Estimated total machine-hours to be used Estimated total direct labor hours to be worked Job z Direct materials Direct labor Machine-hours Direct labor-hours What is the total job cost for Job Z? Assembly Machining $ 1,650 $ 1,700 $ 1,200 40 $ 1,900 60 Machining $ 48,000 $ 1.50 Assembly $30,000 $2.00 12,000 10,000
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