Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information is available pertaining to the Production Division of Clarkson Enterprises: Assembly Dept.Finishing Dept.Total Overhead costs $7,500 $22,500 $30,000 Direct labor hours 7,500

The following information is available pertaining to the Production Division of Clarkson Enterprises:

Assembly Dept.Finishing Dept.Total

Overhead costs $7,500 $22,500 $30,000

Direct labor hours 7,500 2,500 10,000

Machine hours 2,500 7,500 10,000

Production information pertaining to Job 4X5:

Assembly Dept.Finishing Dept.Total

Prime costs $1,250 $0 $1,250

Direct labor hours 250 0 250

Machine hours 0 0 0

Units produced 500 0 500

Using the plantwide overhead rate based on direct labor hours what is the cost of Job 4X5?

a.$2,000b

b.$1,250

c.$8,750

d.$31,250

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting A Managerial Emphasis

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

13th Edition

8120335643, 136126634, 978-0136126638

More Books

Students also viewed these Accounting questions

Question

Absence of disparate impact

Answered: 1 week ago

Question

Performance appraisal criteria based on job analysis

Answered: 1 week ago

Question

Focus on clients needs (efforts to fulfi ll clients requirements)

Answered: 1 week ago