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Soucy Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310: (Click the
Soucy Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310: (Click the icon to view the direct materials for Job 310.) Labor time records show the following employees (direct labor) worked on Job 310: (Click the icon to view the labor time records for Job 310.) Soucy allocates manufacturing overhead at a rate of $8 per direct labor hour. Requirement 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. Job Cost Record for Job 310 Direct Materials: Total Lumber units at per unit Padding yards at per yard Upholstery fabric yards at per yard Total Direct Materials Direct Labor: Penny Rawls hours at per hour hours at per hour hours Jarrod Patten Total Direct Labor Manufacturing Overhead Allocated: S Total Job Cost 8 Per direct labor hour More info Lumber: 48 units at $9 per unit Padding: 10 yards at $14 per yard Upholstery fabric: 24 yards at $25 per yard - X More info Penny Rawls: 15 hours at $15 per hour Jarrod Patten: 19 hours at $13 per hour I Requirements 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. 2. Job 310 consists of five recliners. If each recliner sells for $725, what is the gross profit per recliner? - X
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