Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help asap part 1 part 2 part 3 Job 123 consists of 5612 of direct materials, 5450 of direct labor, and took 30 direct labor

help asap
part 1
image text in transcribed
part 2
image text in transcribed
part 3
image text in transcribed
Job 123 consists of 5612 of direct materials, 5450 of direct labor, and took 30 direct labor hours to complete. If the predetermined overhead rate for job 123 is 512 per direct labor hour and there are 60 units produced, what is the product cost per unit for Job 1237 A $23.70 3.528.95 ( $1320 D. $59.40 Lovelace Corp has an estimated predetermined overhead rate of 3.10 per machine hour, in june 2021, Lovelace Corp, Incurs $6,420 in direct materials costs, 4.300 in direct labor costs and uses 1.440 machine hours for job 122 What is the total product cost for job 1217 A 19.750 510730 13.30 Bowl Manufacturing has 2 departments working on job 123 Department A and Department Department A bases their predetermined overhead rate on direct labor hours. Department bases their predetermined overhead rate on machine hours. It is estimated that Department A will use 740 direct labor hours this month and Department will use 520 machine hours. Fixed overhead costs are estimated to be 52.368 for Department A and $2,392 for Departments. Variable overhead for Department As 56 per direct labor hour and variable overhead for Department B is $4 per machine hour What is the predetermined overhead rate for Department ? A 19.20 per direct labor hour 3. 54.55 per direct labor hour C. 510.55 per direct labor hour D 5860 per direct labor hour Det inn

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

Step: 3

blur-text-image

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

Inventory Best Practices

Authors: Steven M. Bragg

2nd Edition

1118000749, 9781118000748

More Books

Students also viewed these Accounting questions

Question

Which three categories received the most purchases?

Answered: 1 week ago