fun toys use a job-costing system

II. Calculation and Analysis (42 points in total) 41. Fun Toys uses a job-costing system under which materials and labors used in the manufacturing process are directly allocated to different jobs. Whereas costs incurred in the manufacturing support department are indirect in nature and allocated to different jobs on the basis of direct labor-hours. Fun budgets 2018 manufacturing-support costs to be $5,100,000 and 2018 direct labor-hours to be 150.000. At the end of 2018, Fun collects the cost-related data of different jobs that were started and completed in 2018 for comparison. They are as follows: Production period Direct material costs Direct labor costs Direct labor-hours Steel Wheels Magic Wheels Jan-May 2018 May-Sept 2018 $78,290 $94,650 $25,445 $32,752 840 960 Direct materials and direct labor are paid for on a contractual basis. The costs of each are known when direct materials are used or when direct labor-hours are worked. The 2018 actual manufacturing-support costs were $5,355,000 and the actual direct labor-hours were 153,000. continger 42. The Omega Inc m accidentally deleted year ended December loc manufactures designer desk AW deleted the calculations on the company's variant ed December 31, 2018. The following table is what tema Performance Report, Year Ended December 31,2018 Flexible Budget Suric Bode Actual Results Units sold 150,000 Revenues (sales) $975,000 Variable costs 675,000 Contribution margin 300,000 Fixed cost 150,000 Operating income $150,000 5630500 350.500 280.500 1 130,000 1 $150.000 L