Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribed
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

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions