Question
Lowry Smithing has two manufacturing departments--Fabrication and Finishing. The company started, completed, and sold only two jobs during the month (Job 23-19 and Job 23-20).
Lowry Smithing has two manufacturing departments--Fabrication and Finishing. The company started, completed, and sold only two jobs during the month (Job 23-19 and Job 23-20). The following information is available for Job 23-20. The Fabrication department uses an allocation base of Machine Hours (MH) and the Finishing department uses an allocation base of Direct Labor Hours (DLH). Job 23-20 Fabrication Finishing Predetermined Overhead Rate $8.36 per MH $9.05 per DLH Machine Hours (in units) 7,030 896 Direct Labor Hours (in units) 1,006 4,982 Direct Materials Cost $54,155 $54,278 Direct Labor Cost $66,600 $69,367 For Job 23-20, what is the amount of total Job Cost generated specifically from the Fabrication department? Round your final answer to two decimals, if necessary.
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