Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following information for question 9. The following information was extracted from the job-order cost sheet for Job 9574: Materials requisitioned Direct labor cost

image text in transcribed
Use the following information for question 9. The following information was extracted from the job-order cost sheet for Job 9574: Materials requisitioned Direct labor cost Direct labor hours $2,000 1,650 10 Budgeted overhead for the year was $35,000 based on 500 direct labor hours. Actual overhead was $35,800 and actual hours worked were 510 9 0 9 The total cost of Job 9574 was 0 a. $3,650. Cb. $4,336. C. $4,350. d. $4,366. Use the following information to answer question 10. At the beginning of the current year, Hamilton Manufacturing had jobs totaling $25,000 in process. Manufacturing costs added throughout the year totaled $300,000. At the end of the year three jobs remained in process. They were as follows Job 9782 Job 9790 Job 9793 $8,000 15,000 12,000 10. Hamilton's ending work in process balance is a. $25,000. b. $35,000. c. $290,000. d. Cannot be computed with the information available

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

Management Accounting Information for Decision-Making and Strategy Execution

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

6th Edition

137024975, 978-0137024971

More Books

Students also viewed these Accounting questions