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Buddy Company has just completed its first year of operations. During the year, Buddy Company purchased $ 5 4 5 , 0 0 0 of
Buddy Company has just completed its first year of operations. During the year, Buddy Company purchased $ of materials. The yearend balance reported in the raw materials account was $ Of the raw materials used, $ worth was considered as indirect materials and entered into manufacturing overhead.
Buddy Company incurred $ in total direct labor wages during the year. Factory workers are paid $ per hour. Total manufacturing overhead during the year was $ which was $ less than estimated. Total factory worker hours were less than estimated. Buddy Companys manufacturing overhead was allocated using direct labor hours as the allocation base. Buddy Company charges any overallocated or underallocated manufacturing overhead to cost of goods sold.
During the year, Buddy Company started and completed Job This job consumed of the total direct materials used this year and of the direct labor hours. Determine the total cost for Job
Do not enter dollar signs or commas in the input boxes.
Round the predetermined overhead to decimal places. Round all other answers to the nearest whole number.
Total Direct Material Costs: $
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Total Direct Labor Hours:
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Total Estimated Direct Labor Hours:
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Total Estimated Manufacturing Overhead: $
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Predetermined Overhead Rate: $
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per direct labor hour
Direct Material Costs Job : $
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Labor Costs Job : $
Answer field Manufacturing Overhead Job : $
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Total Costs Job : $
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