Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined overhead
A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of 40% of direct labor cost. The job cost sheet of Job2121 shows that the number of units in this job order is 70 units which incurred total of 90 labor-hours. This job consumed $40/unit of direct materials cost and $90/hour of direct labor. What would be the total manufacturing cost for Job2121 approximately? COD a. None of the given answers. O b. $10,900 $6,040 d. $14,140 e. $11,340 C
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started