Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tu Technology Co. manufactures DVDs for computer software and entertainment companies. Tu uses job order costing. On April 2, Tu began production of 5,000

image text in transcribed

Tu Technology Co. manufactures DVDs for computer software and entertainment companies. Tu uses job order costing. On April 2, Tu began production of 5,000 DVDs, Job 423, for Cyclorama Pictures for $1.30 sales price per DVD. Tu promised to deliver the DVDs to Cyclorama Pictures by April 5. Tu incurred the following direct costs (Click the icon to view the costs) Read the requirements (Click the icon to view additional information) Begin by determining the total amount of direct materials and direct labor incurred on the job. Next, calculate the predetermined overhead allocation rate and apply manufacturing overhead to the job. Lastly, compute the total cost of Job 423 and the cost per DVD Job Cost Record Job No. 423 Customer Name: Job Description Cyclorama 5.000 DVDs Date Promised 4-5 Date Started 4-2 Date Completed 4-3 Drect materials Direct labor Manufacturing overhead allocated Labor Time Requisition Record Date Number Amount Number Amount Date 4-3 Rate 125% of direct Amount 4-2 4-2 2 228 372 655 S 100 abor cost 700 Overall Cost Summary 144 656 200 Direct materials Direct labor Manufacturing overme

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

Financial Accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

7th Edition

978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018

More Books

Students also viewed these Accounting questions

Question

Coping with competitive pressure and sport performance anxiety

Answered: 1 week ago

Question

Solve each equation or inequality. |6x8-4 = 0

Answered: 1 week ago