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Hildreth Company uses job order costing. The following data summarize the operations related to production for April, the first month of operations: a. Materials purchased
Hildreth Company uses job order costing. The following data summarize the operations related to production for April, the first month of operations: a. Materials purchased on account, $3,370. b. Materials requisitioned and factory labor used: Job No. 101 102 103 104 105 106 For general factory use Job No. 101 102 c. Factory overhead costs incurred on account, $4,260. d. Depreciation of machinery and equipment, $1,590. e. The factory overhead rate is $70 per machine hour. Machine hours used: 103 40 Materials Machine Hours 25 $2,230 2,720 1,810 6,110 3,880 2,830 760 22 Factory Labor $2,240 3,020 1,480 5,560 4,230 2,690 3,320
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