Question
Assume a company started and completed numerous jobs during July one of which was Job Z. The company uses two departmental predetermined overhead rates.
Assume a company started and completed numerous jobs during July one of which was Job Z. The company uses two departmental predetermined overhead rates. The rate in the Machining Department is based on machine-hours and the rate in the Assembly Department is 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 Z: Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Estimated variable manufacturing overhead per direct labor-hour Estimated total machine-hours to be used Estimated total direct labor hours to be worked Job Z Direct materials Direct labor Machine-hours Direct labor-hours Q) What is the total job cost for Job Z? Multiple Choice $5,770 Machining Assembly $1,350 $ 900 $ 1,400 $ 1,600 40 60 Machining $48,000 Assembly $30,000 $ 1.50 12,000 $ 2.00 10,000
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