Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tik Tok Company manufactures customized coffee tables. The following relates to Job No. X10, an order for 150 coffee tables: Direct materials used $22 800

Tik Tok Company manufactures customized coffee tables. The following relates to Job No. X10, an order for 150 coffee tables:

Direct materials used $22 800

Direct labour hours worked 600

Direct labour rate per hour $16.00

Machine hours used 400

Applied factory overhead rate per machine hour $30.00

a) What is the total manufacturing cost for Job No. X10?

b) Calculate the cost per coffee table for Job No. X10?

c) List two uses of this unit cost information to the managers at Tik Tok Company

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions