Question: The following data have been recorded for recently completed Job 674 on its job cost sheet. Direct materials cost was $1,039. A total of 22

The following data have been recorded for recently completed Job 674 on its job cost sheet. Direct materials cost was $1,039. A total of 22 direct labor-hours and 165 machine-hours were worked on the job. The direct labor wage rate is $13 per labor-hour. The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. The total cost for the job on its job cost sheet would be:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!