a. Only whole numbers are to be entered as answers. Therefore, DO NOT put any signs in such as $, %, #, or a comma etc. in your answer. For example, if your answer is $1234 you should write 1234 as your answer and if your answer is 4%, write 4 as your answer. b. Indicate a negative number by putting a minus sign in front. Therefore, if your answer is negative 1234 you need to post -1234 as your answer. c. Round your answer to the nearest whole number, i.e. no decimal points. So if your answer 1234.60 you should write 1235. Gremlini Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $27.00 per direct labor-hour and $23.00 per direct labor- hour, respectively. The company's direct labor wage rate is $29.00 per hour. The following information pertains to Job N-60: Testing & Packaging Assembly Direct materials %24 415 %24 55 Direct labor %24 348 %24 87 Total direct labor hours for each department 12 DLH 3 DLH Required: 1. What is the total Direct Materials cost for Job N-60. 2. What is the total Direct Material Cost for Job N-60. 3. What is the total Direct labor cost for Job N-60. 4. What is the Total MOH cost allocated to Job N-60 5. What is the Total Cost of Job N-60.
a. Only whole numbers are to be entered as answers. Therefore, DO NOT put any signs in such as $, %, #, or a comma etc. in your answer. For example, if your answer is $1234 you should write 1234 as your answer and if your answer is 4%, write 4 as your answer. b. Indicate a negative number by putting a minus sign in front. Therefore, if your answer is negative 1234 you need to post -1234 as your answer. c. Round your answer to the nearest whole number, i.e. no decimal points. So if your answer 1234.60 you should write 1235. Gremlini Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $27.00 per direct labor-hour and $23.00 per direct labor- hour, respectively. The company's direct labor wage rate is $29.00 per hour. The following information pertains to Job N-60: Testing & Packaging Assembly Direct materials %24 415 %24 55 Direct labor %24 348 %24 87 Total direct labor hours for each department 12 DLH 3 DLH Required: 1. What is the total Direct Materials cost for Job N-60. 2. What is the total Direct Material Cost for Job N-60. 3. What is the total Direct labor cost for Job N-60. 4. What is the Total MOH cost allocated to Job N-60 5. What is the Total Cost of Job N-60.
Chapter1: Financial Statements And Business Decisions
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