Question
Imani is the controller for Extreme Enterprises, a manufacturing firm that makes processing chips for phones and computers. Each order is considered a job for
Imani is the controller for Extreme Enterprises, a manufacturing firm that makes processing chips for phones and computers. Each order is considered a "job" for the firm.
Imani has direct costs related to Job 45344 as follows:
- 11 hours of labor @ $35 per hour and
- $3,568 of materials
In addition, Extreme estimates its overhead related to the manufacture of chips to be $143,865 for the year. The company expects to do 70,626 jobs for the year. The company also expects to use 525,036 labor hours for the year; direct materials are expected to be 514,685 for the year.
Question: If Extreme allocates overhead to jobs based on direct material dollars, what is the total cost of Job 45344? Round each intermediate step to the nearest 2 decimal places. Round your final answer to the nearest dollar.
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