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A Manufacturing Company completed Job 1 and 2 in March2022 and the company uses job-costing system under normal costing to apply manufacturing overhead using
A Manufacturing Company completed Job 1 and 2 in March2022 and the company uses job-costing system under normal costing to apply manufacturing overhead using Direct Labor hours. The cost details of Job 1 and 2 are given below. (4 MARKS) Title Direct labor cost Direct materials cost Machine hours used Direct labor hours POHR as per direct labor hour Job 1 SAR 15,000 SAR 35,000 10 30 SR 50 Required: Calculate the total job cost for Job 1 and 2 Answer: Job 2 20,000 25,000 15 20 SR50 ||
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
