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Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,461 Direct labor-hours 74 labor-hours Direct labor
Job 593 was recently completed. The following data have been recorded on its job cost sheet:
Direct materials | $2,461 | |
Direct labor-hours | 74 | labor-hours |
Direct labor wage rate | $ 18 | per labor-hour |
Machine-hours | 137 | machine-hours |
The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $19 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: |
$3,720 |
$3,793 |
$7,236 |
$6,396 |
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