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David Greene's Muffler Shop (No appointment necessary-we'll hear you coming) uses a normal costing system. Overhead and labor hours were estimated at $42,000 and 6,000
David Greene's Muffler Shop ("No appointment necessary-we'll hear you coming") uses a normal costing system. Overhead and labor hours were estimated at $42,000 and 6,000 hours, respectively, for 2018. During July 2018, only 40 jobs were finished. Materials used on these jobs totaled $3,700 and labor costs were $2,700 (at $20 per hour). During 2018, 5,000 labor hours were worked and $38,000 in overhead costs were incurred.
What is the total cost of the jobs finished during July?
Thanks!
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