Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following job cost sheet can be found in Electronic City Company's job cost accounting system. The Company has calculated their predetermined overhead rate to
The following job cost sheet can be found in Electronic City Company's job cost accounting system. The Company has calculated their predetermined overhead rate to be 40% of direct labor costs. Complete the following job cost sheet by calculating the total overhead applied and the total job cost for job #233. (Round your overhead costs and total job costs to the nearest whole dollar.) (Remember you can email me your calculations for possible partial credit.) Job Cost Sheet Customer's Name: ABC United Job #233 Job Description: 5 Semi Conductors Direct Materials Direct Labor OHD Costs Applied Req # Amount Ticket # Amount POHR Amount 4-129 $5,000 T-306 $1,400 40% 4-142 7,020 T-307 $1,782 40% 4-167 3,330 T-308 $575 40% Total $15,350 Total $3,757 Total $ $ Total Job Costs = $ Total OHD costs = $1,503 and Total Job Cost = $20,610 Total OHD costs = $6,140 and Total Job Cost = $25,247 Total OHD costs = $3,757 and Total Job Cost = $19,107 Total OHD costs = $20,610 and Total Job Cost = $1,503
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