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Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during
Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during JulyJob Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z:
Estimated total fixed manufacturing overhead | $ | 13,000 | |
Estimated variable manufacturing overhead per direct labor-hour | $ | 1.00 | |
Estimated total direct labor hours to be worked | 2,000 | ||
Total actual manufacturing overhead costs incurred | $ | 12,800 | |
Job Y | Job Z | |||||
Direct materials | $ | 13,000 | $ | 8,000 | ||
Direct labor cost | $ | 21,000 | $ | 7,500 | ||
Actual direct labor hours worked | 1,400 | ? | ||||
Assuming Job Zs total job cost is $19,250, how many direct labor hours were actually worked on Job Z?
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