Assume that a company pays a 5% sales commission. Also, assume (1) a company's plantwide predetermined overhead rate is $13.75 per direct labor- hour, and (2) its job cost sheet for Job X shows that this job used 18 direct labor-hours and incurred direct materials and direct labor charges of $500 and $360, respectively. What is the total cost of Job X? Multiple Choice $1107.50 S1162.88 $747.50 $1119.88

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume that a company pays a 5% sales commission. Also, assume (1) a company's plantwide predetermined overhead rate is $1375 per direct labor-
hour, and (2) its job cost sheet for Job X shows that this job used 18 direct labor-hours and incurred direct materials and direct labor charges of $500 and
$360, respectively. What is the total cost of Job X?
Multiple Choice
$1,107.50
S1162.88
O 5747.50
$1119.88
Transcribed Image Text:Assume that a company pays a 5% sales commission. Also, assume (1) a company's plantwide predetermined overhead rate is $1375 per direct labor- hour, and (2) its job cost sheet for Job X shows that this job used 18 direct labor-hours and incurred direct materials and direct labor charges of $500 and $360, respectively. What is the total cost of Job X? Multiple Choice $1,107.50 S1162.88 O 5747.50 $1119.88
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