Question
Tefla Corporation uses an actual costing system with overhead allocated based on machine-hours. The estimated total manufacturing overhead cost for the year was $1,400,000 and
Tefla Corporation uses an actual costing system with overhead allocated based on machine-hours. The estimated total manufacturing overhead cost for the year was $1,400,000 and 70,000 machine-hours. The company used 60,000 machine hours and incurred an overhead of $1,350,000. Recently, Job T321 was completed with the following actual data: Number of units in the job 30 Total machine-hours 90 Direct materials $ 650 Direct labor cost $ 2,800
Required Compute the total cost for Job T321.
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
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