Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 26 Not yet answered A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The
Question 26 Not yet answered 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 60 units which incurred total of 90 labor-hours. This job consumed $20/unit of direct materials cost and $90/hour of direct labor. What would be the total manufacturing cost for Job2121 approximately? Marked out of 0.80 Flag question a. $9,300 b. None of the given answers. C$11,340 d. $4,440 e. $12,540
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started