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Sky's the Limit produces a variety of niche products for specific clients. During August, Sky's the Limit worked on Job X-10 for one of its
Sky's the Limit produces a variety of niche products for specific clients. During August, Sky's the Limit worked on Job X-10 for one of its regular customers. The following information is related to Job X-10:
Job X-10 | |
Beginning balance | $1,500 |
Materials requisitioned | 5,000 |
Direct labor cost | 3,500 |
Overhead is assigned at the rate of 50% of direct labor cost. From the provided information, calculate the total cost of Job X-10.
a.$12,125
b.$12,000
c.$10,850
d.$11,750
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