Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,070. A total of 35
The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,070. A total of 35 direct labor-hours and 243 machine-hours were worked on the job. The direct labor wage rate is $18 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $22 per machine-hour. The total cost for the job on its job cost sheet would be:
A)$10,191
B) $5,002
C) $8,046
D) $5,421
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started