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Dear Tutor, Could you please help me with the calculations below? Somehow I cannot get the correct answers. Thanks a lot in advance! Ronald Company

Dear Tutor,

Could you please help me with the calculations below? Somehow I cannot get the correct answers.

Thanks a lot in advance!

Ronald Company produces pipes forconcert-quality organs. Each job is unique. InApril, thisyear, it completed all outstandingorders, andthen, inMay, thisyear, it worked on only twojobs, M1 andM2:

Ronald Company, May, this year Job M1 Job M2
Direct materials 72,000 59,000
Direct manufacturing labour 272,000 200,000

Direct manufacturing labour is paid at the rate of 32 per hour. Manufacturing overhead costs are allocated at a budgeted rate of 18 per direct manufacturinglabour-hour. Only Job M1 was completed in May.

Requirement 1. Compute the total cost for Job M1.

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