Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
A firm makes special assemblies to customers' orders and uses job costing. Job CC20 is completed during the period. The data for a period are:
A firm makes special assemblies to customers' orders and uses job costing. Job CC20 is completed during the period. The data for a period are: Job Number AA10 BB15 CC20 $ $ $ Opening WIP 26,800 42.790 0 Material added in period 17,275 0 18,500 Labor for period 14,500 3,500 24,600 The budgeted overheads for the period were $126,000. The overheads is applied using the consumption ratios of labour cost for each job. What is the overheads applied for Job CC20. $69.290 $65.157 $126.000 $72.761
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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