Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

q15 A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined

q15
image text in transcribed
A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of 40% of direct labor cost. The job cost sheet of Job2121 shows that the number of units in this job order is 70 units which incurred total of 90 labor-hours. This job consumed $50/unit of direct materials cost and $90/hour of direct labor. What would be the total manufacturing cost for Job 2121 approximately? O a. None of the given answers. O b. $14,840 Oc $11,600 Od $11,340 Oe. $6.740

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Assurance Services And Forensics A Comprehensive Approach

Authors: Felix I. Lessambo

1st Edition

3319905201, 9783319905204

More Books

Students also viewed these Accounting questions

Question

Give three examples showing why a business needs to forecast.

Answered: 1 week ago

Question

=+A1, A2 ,... such that A ,, has probability p ,.

Answered: 1 week ago