Question
Given: On May 21 2019 Rob worked 6.5 hours on job A-1 and 3 hours on general overhead activities. Rob is paid $12 per hour.
Given:
On May 21 2019 Rob worked 6.5 hours on job A-1 and 3 hours on general "overhead activities." Rob is paid $12 per hour. Overhead is applied based on $26 per direct labor hour. Additionally on May 21 Job A-1 requisitioned and entered into production $105 of direct material. On May 21, Rob while working on Job A-1 used $26 of indirect material. Indirect material is included in the overhead application rate.
Determine:
total cost that should have been recorded in the WIP for Job A-1 on May 21.
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
