Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Drizzile company has the following transactions during the week: Purchase $2,000 of raw materials inventory on account $1,000 of materials were assigned to Job 6
Drizzile company has the following transactions during the week:
Purchase $2,000 of raw materials inventory on account
$1,000 of materials were assigned to Job 6
$250 of materials were requisitioned for general use in the factory
Employees are paid $25 per hour.
100 hours are assigned to Job 6
Overhead is applied at a rate of $10 per direct labor hour.
Factory utility costs for the period are $275.
What is the cost of Job 6?
A.) $3,500
B.) $4,500
C.) $4,775
D.) $5,025
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started