Question
plow Corp estimated budget that factory overhead cost will be $800,000 for the year budget allocation base 32,000 direct labor hours Cloud Corp had completed
plow Corp estimated budget that factory overhead cost will be $800,000 for the year budget allocation base 32,000 direct labor hours Cloud Corp had completed job number 50 job cost sheet for Job number 50shows the following
direct material used $6,000
direct labor costs 8000
direct labor hours used 140 hours
machine hours used 10 hours. calculate the total manufacturing cost of job number 50.
Steel company uses first in first out method to calculate manufacturing cost per unit based on the following data to calculate made direct materials equivalent units if materials are added at the beginning of the process.
inventory in process May 1 25% percent completed 4,000 units
unit started doing may 52,000 units
units completed in May 46,000
units in process May 31st 60% completed 10,000 units
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