Answered step by step
Verified Expert Solution
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
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
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