Pinnacle Inc. manufactures curtains to client specifications. It has two cost categories that are directly traced...
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Pinnacle Inc. manufactures curtains to client specifications. It has two cost categories that are directly traced to its products: materials and labor. It also has estimated overhead that consists of: annual manufacturing supervisor's salary of $129,736 annual manufacturing plant cleaning costs of $186,829 annual manufacturing plant utilities of $142,715 Pinnacle is trying to calculate the cost of making Job #454, which includes: $11,118 in materials 18 hours of labor @ $12 per hour The company also expects to use 20,342 labor hours for the year. If Pinnacle allocates overhead based on $250,000 estimated direct labor dollars, what is the total cost ofJob #454? *Hint, make a job order cost sheet for Job 454. It should include materials, labor, and overhead. Round each step to the nearest 2 decimal places. For your final answer, round to the nearest dollar. Pinnacle Inc. manufactures curtains to client specifications. It has two cost categories that are directly traced to its products: materials and labor. It also has estimated overhead that consists of: annual manufacturing supervisor's salary of $129,736 annual manufacturing plant cleaning costs of $186,829 annual manufacturing plant utilities of $142,715 Pinnacle is trying to calculate the cost of making Job #454, which includes: $11,118 in materials 18 hours of labor @ $12 per hour The company also expects to use 20,342 labor hours for the year. If Pinnacle allocates overhead based on $250,000 estimated direct labor dollars, what is the total cost ofJob #454? *Hint, make a job order cost sheet for Job 454. It should include materials, labor, and overhead. Round each step to the nearest 2 decimal places. For your final answer, round to the nearest dollar.
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To calculate the total cost of Job 454 we will need to allocate the overhead costs based on th... View the full answer
Related Book For
Accounting for Decision Making and Control
ISBN: 978-1259564550
9th edition
Authors: Jerold Zimmerman
Posted Date:
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