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Seven, Inc. is a manufacturer that uses a job order costing system. Prior to the beginning of November 2021, the firm estimated the following: Total
Seven, Inc. is a manufacturer that uses a job order costing system. Prior to the beginning of November 2021, the firm estimated the following:
- Total estimated direct materials costs will be $40,000;
- Total estimated direct labor costs will be $65,000;
- Total estimated Variable Factory overhead costs will be $14,000.
- Total estimated Fixed Factory overhead costs will be $38,000.
- Total estimated Direct labor hours (DLh) will be 2,000 DLh.
- Total estimated Machine hours (Mh) will be 5,000 Mh.
During November 2021, the firm started and completed Job C. We have the following actual information about job C:
- DM used: $850
- DL used: $1,080
- Direct Labor hours (DLh) used: 28
- Machine hours (Mh) used: 35
Calculate the total manufacturing costs assigned to job C if the firm uses Direct Labor hours (DLh) to apply overhead.
Group of answer choices
$2,794
$2,658
$3,035
$2,294
$3,400
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