Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Heltger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted

image text in transcribed
image text in transcribed
Heltger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted Information for the year is as follows: Cost Driver Activity Materials handing Engineering Other overhead Amount of Driver 5,000 $110,500 Number of moves 102,200 Number of change orders 181,300 Direct labor hours 7,000 49,000 Heitger worked on four jobs in July, Data are as follows: Job 13-43 Job 13.44 Job 13.45 Job 13.46 Beginning balance $22.000 $17.600 $2,600 50 Direct materials $5,300 $8.800 $11,300 $8,000 All work saved Steve and it Submit Assignment for Grading eBook 2. Prepare job-order cost sheets for each job showing all costs through July 31, When required, round your answers to the nearest dollar. If an amount is zero, enter "o Heitger Company Job-Order Cost Sheets Job 13.43 Job 13.44 Job 13-45 Job 13.46 Balance, July 1 Direct materials Direct labor cost Materials handling Engineering Other overhead Total Chad W 3. Calculato the balance in Work in Process on July 31. 4. Calculate the cost of goods sold for July 5. What if Job 13:46 required no engineering change orders? What is the difference in the new cost of Job 13.467 lower Check My Work Previous Next > All work saved Save and Ext Submit Assignment for Grading

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Managerial Accounting

Authors: Ray Garrison, Eric Noreen, Peter Brewer

15th edition

1259404781, 007802563X, 978-1259404788, 9780078025631, 978-0077522940

Students also viewed these Accounting questions