Question
Moore Company. Moore Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process:
Moore Company.
Moore Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #6, #9, and #13.
Raw material used $120,000 Direct labor per hour $8.50 Overhead applied based on direct labor cost 120%
Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000.
Refer to Moore Company. What is the prime cost of Job #6? a. $42,250 b. $57,250 c. $73,250 d. $82,750
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