Question
The following estimated and actual amounts pertain to AW Firm. AW uses a traditional job costing system with OH applied on the basis of DLH.
The following estimated and actual amounts pertain to AW Firm. AW uses a traditional job costing system with OH applied on the basis of DLH.
Estimations (Jan. 1)Actuals (Dec. 31)Direct materials$4,000$4,500Direct labour$20,000$19,600Overhead$38,500$35,000Direct labour hours9501,000Machine hours65,00060,000
Job 102 was begun on February 28 and completed on December 5. It contained $400 in direct materials and $680 in direct labour. To complete the job, 31 direct labour hours were required and 450 machine hours.
What was the cost of Job 102?
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Statistics For Engineers And Scientists
Authors: William Navidi
3rd Edition
73376345, 978-0077417581, 77417585, 73376337, 978-0073376332
