Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 8 A company uses a Job Order cost system. Job # 15 was started and completed during the month. Job # 15 used $18,000

QUESTION 8

A company uses a Job Order cost system. Job # 15 was started and completed during the month. Job # 15 used $18,000 of Direct Materials, and $36,000 of Direct Labor. Overhead is applied to production at the rate of 75 % of Direct Labor Costs.

What is the total cost of Job # 15?

a.

$27,000

b.

$81,000

c.

$45,000

d.

$94,500

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

Advanced Accounting And Auditing Theory And Practice

Authors: Prof. R.B. Patel

1st Edition

8188730882, 978-8188730889

More Books

Students also viewed these Accounting questions

Question

Do they appear to be competent and effective?LO1

Answered: 1 week ago