A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of $120,000 and 4,000 labor-hours. The job sheet of Job1112 shows that the number of units produced in this job order is 5 units. This job required 500 labo hours and incurred direct materials cost of $10,000 and direct labor costs of $30,000. The unit product cost for Job1112 is: O a. None of the given answers. O b. $3,00O O c. $55,000 O d. $32,000 O e. $11,000 0000while the manufacturin

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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ATTENDANCE
Time left 1:06:
A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company
based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of $120,000 and 4,000
labor-hours. The job sheet of Job1112 shows that the number of units produced in this job order is 5 units. This job required 500 labor
hours and incurred direct materials cost of $10,000 and direct labor costs of $30,000. The unit product cost for Job1112 is:
O a.
None of the given answers.
O b. $3,000
O c.
$55,000
O d.
$32,000
O e. $11,000
The total prime cost for company XYZ was four times the conversion cost. The direct labor cost was $30,000 while the manufacturing
overhead cost was $20,000. How much was the direct materials cost ($)?
ENG
Transcribed Image Text:ATTENDANCE Time left 1:06: A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of $120,000 and 4,000 labor-hours. The job sheet of Job1112 shows that the number of units produced in this job order is 5 units. This job required 500 labor hours and incurred direct materials cost of $10,000 and direct labor costs of $30,000. The unit product cost for Job1112 is: O a. None of the given answers. O b. $3,000 O c. $55,000 O d. $32,000 O e. $11,000 The total prime cost for company XYZ was four times the conversion cost. The direct labor cost was $30,000 while the manufacturing overhead cost was $20,000. How much was the direct materials cost ($)? ENG
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