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Best Tire manufactures tires for all-terrain vehicles. Best uses job costing and has a perpetual inventory system. On September 22, Best received an order for
Best Tire manufactures tires for all-terrain vehicles. Best uses job costing and has a perpetual inventory system. On September 22, Best received an order for 180 TX tires from ATV Corporation at a price of $90 each. The job, assigned number 298 , was promised for October 10 . After purchasing the materials, Best began production on September 30 and incurred the following direct labor and direct materials costs in completing the order: Best allocates manufacturing overhead to jobs on the basis of the relation between expected overhead costs ($540,000) and expected direct labor hours (20,000). Job 298 was completed on October 3 and shipped to ATV on October 5 Data table Requirements 1. Prepare a job cost record for Job 298. 2. Calculate the total profit and the per-unit profit for Job 298 Best Tire manulactures tres lor al-terain vehicles. Best utes job coeting aind has a perpetual invertory cyatem On Sectumber 22 Best receved an corder lor 180 TX deses trom ATV Corporatim at a pice materiais conts in corroloting the order (Cick the icen io view the costs) and stipend to ATV on October 5 Asad the wecuivireats Requirement 1. Prepare a job oset record lor Job 286 . - Proderimined overtiond ina Requirement 2. Calculate the total profit and the per-unit profit for Job 298. (Round your answer wo wusurmine venem
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