Question
A small plumbing company sends an employee out to a customers home to install a new toilet. Use the following information to answer all of
A small plumbing company sends an employee out to a customers home to install a new toilet. Use the following information to answer all of the questions:
Direct Labor Cost PerHour$18.00
Direct Material Bill of Material and Costs forToilet
QuantityPer UnitCost
Toilet1$165.00
WaxRing1$4.00
Toilet Bolts andNuts2$0.50
ToiletSeat1$15.00
OverheadInformation
Estimated Overhead for theYear$150,000.00
Estimated Direct Labor Hours for theYear4,000
Job takes 1.25 hours. Assume overhead application is applied using direct laborhours.
the Direct Material Cost Assigned to the job will be:
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Computer Accounting With QuickBooks Online
Authors: Donna Kay
2nd Edition
1260888061, 9781260888065
