Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kara's Quilts, Inc., makes custom quilts and uses job order costing. Job 420 is an order of 4 quilts. The order was started and completed

Kara's Quilts, Inc., makes custom quilts and uses job order costing. Job 420 is an order of 4 quilts. The order was started and completed in July. At the end of July, the following materials had been requisitioned for Job 420:

Blue cotton, 5 yards at $20 per yard

Red cotton, 4 yards at $25 per yard

Cotton packing, 4 yards at $10 per yard

Thread, 3 yards at $2 per yard

Time tickets showed:

K. Town, 15 hours at $20 per hour

L. Williams,18 hours at $19 per hour

Overhead is allocated at $9 per direct labor hour. What is Kara's cost per quilt?

  • A
  • :
  • $296.25
  • B
  • :
  • $177.60
  • C
  • :
  • $246.00
  • D
  • :
  • $242.50

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_2

Step: 3

blur-text-image_3

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

Accounting Principles

Authors: Jerry J Weygandt

10th Edition

1118009282, 9781118009284

More Books

Students also viewed these Accounting questions