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please show your work........................ Labico Furniture started and finished Job 310 during March. The company's records show that the following direct materials were requisitioned for
please show your work........................
Labico Furniture started and finished Job 310 during March. The company's records show that the following direct materials were requisitioned for Job 310 Lumber: 47 units at $10 per unit Padding: 17 metres at $18 per metre Upholstery fabric: 32 metres at $23 per metre Labour time records show the following employees (direct labour) worked on Job 310: Billa Ghadie: 8 hours at $12 per hour Angel Beath: 12 hours at $14 per hour. Labico Furniture allocates manufacturing overhead ata rate of $8 per direct labour hour. Requirements: 1. Compute the total amount of direct materials, direct labour, and manufacturing overhead that should be shown on 310's job cost record. 2. Job 310 consists of seven recliners. If each recliner sells for $700, what is the gross profit per reclinerStep by Step Solution
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