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Kimberly Glass Works makes custom glass tiles. During May, the company started and finished Job #915. The company's records show the following direct materials were

Kimberly Glass Works makes custom glass tiles. During May, the company started and finished Job #915. The company's records show the following direct materials were requisitioned for Job #915

Clear white tiles: 3,300 units at $3.00 per unit

Specialty colours: 8 quarts at $5.50 per quart

Mirror gloss: 6 quarts at $11.00 per quart

Estimated

Actual

Direct labour hours

25,500 hours

29,000 hours

Machine hours

25,000 hours

26,600 hours

Manufacturing Overhead

$331,500

$344,000

Labour time records show the following employees worked on Job #915:

Sarah Goodson: 20 hours at $15 per hour

Micah McWhorter: 10 hours at $25 per hour

Machine hours on Job #915 was 20 hours:

Required

Assume the company has chosen machine hours as its allocation base.

A) Compute the Predetermined overhead rate - 2 marks

B) Compute the total amount of direct materials, direct labour, and manufacturing overhead that should be shown on Job #915's job cost record 4 marks.

C) Job #915 consists of 3,500 tiles. If each tile sells for $11.00, what is the gross profit per tile? -2 marks

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