Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company uses job-order costing and allocates costs using direct labor hours as the cost driver. At the beginning of the year, the company had
A company uses job-order costing and allocates costs using direct labor hours as the cost driver. At the beginning of the year, the company had estimated the following: Estimated total fixed overhead cost: $150,000 Estimated variable overhead cost: $19 per direct labor hour Estimated total direct labor hours: 3970 hours A particular job had $2,500 of materials costs and $5,200 of direct labor costs (for 109 hours of labor). What is the full manufacturing cost of this job? (Round intermediate calculations and your final answer to the nearest dollar and cents.)
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