Crane Manufacturing uses a job order cost system to account for its production of specialty patio furniture. At the beginning of June Crane had one job in Work in Process, job A75. Management has chosen direct labor cost as its activity base. The costs incurred to date on job A75 are as follows: Direct materials $8110 Direct labor 10700 Overhead 23540 During June, Crane added the following costs for direct materials and direct labor to job A75: Direct materials $2630 Direct labor 4610 Job A75 was competed on June 30. What is the cost of job A75?

Crane Manufacturing uses a job order cost system to account for its production of specialty patio furniture. At the beginning of June Crane had one job in Work in Process, job A75. Management has chosen direct labor cost as its activity base. The costs incurred to date on job A75 are as follows: Direct materials $8110 Direct labor 10700 Overhead 23540 During June, Crane added the following costs for direct materials and direct labor to job A75: Direct materials $2630 Direct labor 4610 Job A75 was competed on June 30. What is the cost of job A75?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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