Q4

From the following information relating to four Jobs undertaken by a manufacturer, ascertain the total cost and selling price of each job:

	Job# E-101	job# E-102	job# E-103	job# E-104
Direct material issued ( in kilograms )	80	100	120	140
Direct material rate per kilograms	10$	10$	10$	10$
Direct labor hours consumed (in hours )	350	250	300	400
Direct labor hours rate per hours	2$	3$	2$	3$
Direct expenses incurred	400$	200$	250$	300$

Factory Overheads are applied to respective jobs according to direct labor (amount). Factory overhead incurred during the period amounted to $ 5,500. Office overheads incurred during the period amounted to $2,500 which are apportioned to jobs based on factory cost.

All the Jobs were completed during the period. They were billed to the customers at a price which Included 18 of the selling price of the Factory job.