Question
9. Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,412 Direct labor-hours 74 labor-hours Direct
9. Job 593 was recently completed. The following data have been recorded on its job cost sheet:
| Direct materials | $2,412 | |
| Direct labor-hours | 74 | labor-hours |
| Direct labor wage rate | $ 21 | per labor-hour |
| Machine-hours | 137 | machine-hours |
| The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $22 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: |
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
