Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sierra Ceramics makes custom ceramic tiles. During March, the company started and finished Job #231. Job #231 consists of 2,000 tiles; each tile sells for

Sierra Ceramics makes custom ceramic tiles. During March, the company started and finished Job #231. Job #231 consists of 2,000 tiles; each tile sells for $12.00. The company's records show the following direct materials were requisitioned for Job #231.

Basic terra cotta tiles: 2,000 units at $2.00 per unit

Specialty paint: 5 quarts at $4.00 per quart

High gloss glaze: 3 quarts at $10.00 per quart

Labour time records show the following employees worked on Job #231:

Emily Jergens: 20 hours at $22 per hour

Dan Evrard: 12 hours at $15 per hour

Sierra Ceramics allocates manufacturing overhead at a rate of $25 per direct labour hour.

At Sierra Ceramics what is the total amount of direct materials, direct labour, and manufacturing overhead that should be shown on Job #231's job cost record?

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_2

Step: 3

blur-text-image_3

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

Accounting General Journal

Authors: Claudia Gilbertson

11th Edition

1337623121, 9781337623124

More Books

Students also viewed these Accounting questions

Question

finding entry-level positions;

Answered: 1 week ago