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Q4. (25 marks) Job Costing Wankky Company worked on only two jobs during August. Information on the jobs is given below: Job 01 Job 02
Q4. (25 marks) Job Costing Wankky Company worked on only two jobs during August. Information on the jobs is given below: Job 01 Job 02 Direct material $80,000 $92,000 Direct labour Direct manufacturing labour-hours (DMLH) 287,000 219,000 21,000 13,300 1 At the beginning of the year, annual manufacturing overhead (MOH) was budgeted at $3,780,000 and Wankky budgeted 35,000 DMLH per month Job 01 was completed in August Required: 1. Compute the total cost of Job 01. (10 marks) 2. Calculate per unit cost for Job 01 assuming it has 3,300 units
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