Answered step by step
Verified Expert Solution
Question
1 Approved Answer
London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job #266 consists of 3,500 tiles; each tile sells for
London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job #266 consists of 3,500 tiles; each tile sells for $18. The company's records show the following direct materials were requisitioned for Job #266.
Basic terra cotta tiles:3,500 units at $4 per unit
Specialty paint:13 quarts at $10 per quart
High gloss glaze: 12 quarts at $20 per quart
Labor time records show the following employees worked on Job #266:
Alice Cooper: 22 hours at $30 per hour
Matthew Kline: 21 hours at $18 per hour
Sierra Ceramics allocates manufacturing overhead at a rate of $35 per direct labor hour.
What is the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job #266's job cost record?
A.
$1,505
B.
$16,913
C.
$15,298
D.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started