Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is what was given to solve #1 and 2 thank you Refer to Exercise E2-25A in your text and the excel file created below.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribed
image text in transcribedthis is what was given to solve #1 and 2 thank you
image text in transcribed
image text in transcribed
Refer to Exercise E2-25A in your text and the excel file created below. Fontane. Fum ture and the job cost record for job 310 . You can use the excel file to complete your calculations. You do not need to submit the excel file. The Total job cost (which included the total for DM. DL, and MOH) (s.5 Excel Problem E3-25, and 32715.15x Fontaine Furniture started and finished Job 310 during April. Th Information from the text has been used to create this excel spre Job Cost Record for Job 310 Direct Materials Lumber: 45 units at $4.00 per unit Padding: 13 yards at $14 per yard Upholstery fabric: 25 yards at $30.00 per yard Total Direct Materials Direct Labor Penny Rawls: 12 hours at $13 per hour Mark Frizzel: 16 hours at $22 per hour Total Direct Labor Manufacturing Overhead Allocated $12 per direct labor hour 28 direct labor hours (12+16) Total Job Cost Sales price per unit (given) Using the same information above, and the excel spreadsheet, the Gross Profit per unit is $ Less: Job cost per unit (Total job cost/ 12 recliners) Gross profit per unit Refer to Exercise E2-25A in your text and the excel file created below. Fontane. Fum ture and the job cost record for job 310 . You can use the excel file to complete your calculations. You do not need to submit the excel file. The Total job cost (which included the total for DM. DL, and MOH) (s.5 Excel Problem E3-25, and 32715.15x Fontaine Furniture started and finished Job 310 during April. Th Information from the text has been used to create this excel spre Job Cost Record for Job 310 Direct Materials Lumber: 45 units at $4.00 per unit Padding: 13 yards at $14 per yard Upholstery fabric: 25 yards at $30.00 per yard Total Direct Materials Direct Labor Penny Rawls: 12 hours at $13 per hour Mark Frizzel: 16 hours at $22 per hour Total Direct Labor Manufacturing Overhead Allocated $12 per direct labor hour 28 direct labor hours (12+16) Total Job Cost Sales price per unit (given) Using the same information above, and the excel spreadsheet, the Gross Profit per unit is $ Less: Job cost per unit (Total job cost/ 12 recliners) Gross profit per unit

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 Management A Strategic Emphasis

Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins

7th edition

77733770, 978-0077733773

More Books

Students also viewed these Accounting questions

Question

Develop a consumer segmentation basis for Morellis ice cream.

Answered: 1 week ago