Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fontaine Furniture started and finished Job 310 during Apni The company's records show that the following direct materials were requisitioned for Job 310 (Click the

image text in transcribed
image text in transcribed
image text in transcribed
Fontaine Furniture started and finished Job 310 during Apni The company's records show that the following direct materials were requisitioned for Job 310 (Click the icon to view the direct materials for Job 310) Labor time records show the following employees (direct linbor) worked on Job 310 Click the icon to view the labor time records for sob 310) Fontaine allocates manufacturing overhead at a rate of $12 per direct labor nout Read the comments Requirement 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record Job Cost Record for Job 310 Direct Materials: Total Lumber units at per unit Padding yards at por yard Upholstery fabric yards at por yard Total Duet Material Direct Labor Penny Rawis houts Dor hour Mark Fruz hours of por hour Total Direct Labor hours Manufacturing Overhead Allocated: 5 12 Per direct labor hour Total Job Cost Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2. Job 310 consists of wave recliners It each rechner ses for $750 what is the gross profit per reciner? Identify the formula and then compute the gross profit (Round your answers to the nearest whole number Gross profiter und Choose from any list or enter any number in the input fields and then continue to the next question 1 More Info - X the th Penny Rawls: 12 hours at $13 per hour Mark Frizzell: 16 hours at $22 per hour actu Print Done 1 More Info - X Lumber: 45 units at $4 per unit Padding: 13 yards at $14 per yard Upholstery fabric: 25 yards at $30 per yard Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using QuickBooks Accountant 2018 For Accounting

Authors: Glenn Owen

16th Edition

0357042085, 9780357042083

More Books

Students also viewed these Accounting questions

Question

How could any of these verbal elements be made stronger?

Answered: 1 week ago

Question

Does your message use pretentious or exaggerated language?

Answered: 1 week ago