Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A job No. 80 passes through three departments namely A, B and C. The following information is given to you regarding this job: Departments A

A job No. 80 passes through three departments namely A, B and C. The following information is given to you regarding this job:

Departments
A B C
Materials issued to job: KD 8,000 1,000 500
Direct labor hours for job: 1,000 2,000 5,000
Rate of direct labor per hour: KD 1 1.5 2
Sale of scrap of materials arising from job: KD 1,000 150 100
Total overhead for the departments KD 10,000 15,000 25,000
Total labor hours for the departments 10,000.00 30,000 40,000

Required:

You are required to calculate the cost of job No. 80 from the above figures.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting for Governmental and Nonprofit Entities

Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson

17th edition

78025826, 978-1259564239, 1259564231, 978-0078025822

More Books

Students also viewed these Accounting questions

Question

What is typically the most cost- and time-intensive entry vehicle?

Answered: 1 week ago

Question

Explain the experimental method as used by clinical psychologists.

Answered: 1 week ago

Question

can someone please help with this financial analysis case !

Answered: 1 week ago

Question

Question 1 (a2) What is the reaction force Dx in [N]?

Answered: 1 week ago

Question

How much should you pay people for doing each job?

Answered: 1 week ago