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Question 9 Minnesota Inc. uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool.
Question 9 Minnesota Inc. uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Minnesota allocates manufacturing overhead costs using direct manufacturing labor costs. Minnesota provides the following Information: Budget for 2017 Actual Results 2017 $245.000 $237,000 Direct Material Costs Direct Manufacturing Labor Costs 138,000 $152,000 Manufacturing Overhead Costs 345,000 $372.000 During June, the job-cost record for Job 829 contained the following information: Direct Materials Used $15,000 Direct Manufacturing Labor Costs $8.000 How much is the total manufacturing cost for Job 829? $23.000 Budget for 2017 Actual Results 2017 $245,000 $237.000 Direct Material Costs Direct Manufacturing Labor Costs 138.000 $152.000 Manufacturing Overhead 345.000 $372.000 Costs During June, the job-cost record for Job 829 contained the following information: Direct Materials Used $15.000 Direct Manufacturing Labor Costs $8.000 How much is the total manufacturing cost for Job 829? $23.000 $43.000 $42.500 $20.000 Next
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