Dakota Manufacturing uses a job costing system. The work in process inventory on November 30 consisted of Job No. 251 with a balance of $72,800. Job No. 251 has been charged with manufacturing overhead costs of $22,500. Dakota allocates manufacturing overhead costs at a rate of 60% of direct labor cost. What was the amount of direct materials charged to Job No. 251?
Dakota Manufacturing uses a job costing system. The work in process inventory on November 30 consisted of Job No. 251 with a balance of $72,800. Job No. 251 has been charged with manufacturing overhead costs of $22,500. Dakota allocates manufacturing overhead costs at a rate of 60% of direct labor cost. What was the amount of direct materials charged to Job No. 251?
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 9P: Channel Products Inc. uses the job order cost system of accounting. The following is a list of the...
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Dakota Manufacturing uses a job costing system. The work in process inventory on November 30 consisted of Job No. 251 with a balance of $72,800. Job No. 251 has been charged with manufacturing overhead costs of $22,500. Dakota allocates manufacturing overhead costs at a rate of 60% of direct labor cost. What was the amount of direct materials charged to Job No. 251?
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