Question
SHOW YOUR WORK AND INCLUDE FORMULAS USED Capable Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job
SHOW YOUR WORK AND INCLUDE FORMULAS USED
Capable Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 892, which was recently completed. Direct materials used cost $6,300, the budgeted direct materials were $5,900. There were 180 direct labour hours worked on this job at a direct labour wage rate of $20 per hour; the budgeted direct labour wage rate was $21 per hour. There were 75 machine hours used on this job. The budgeted and actual indirect cost allocation rates are $32 and $29 per machine hour used, respectively.
What is the total manufacturing cost of Job 892 using normal costing?
a. | $12,255 |
b. | $12,075 |
c. | $12,080 |
d. | $12,300 |
e. | $9,900 |
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