Adams Co. uses a job order costing system and the following information is available from its records. The company has 3 jobs in process: #5, #8, and #12. Raw material used $120,000 Direct labor per hour $8.50 Overhead applied based on direct labor cost 120% Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000. Assume the balance in Work in Process Inventory was $18,500 on June 1 and $25,297 on June 30. The balance on June 30 represents one job that contains direct material of $11,250. How many direct labor hours have been worked on this job (rounded to the nearest hour)?
Adams Co. uses a
Raw material used $120,000
Direct labor per hour $8.50
Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000.
Assume the balance in Work in Process Inventory was $18,500 on June 1 and $25,297 on June 30. The balance on June 30 represents one job that contains direct material of $11,250. How many direct labor hours have been worked on this job (rounded to the nearest hour)?
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