During the current period the company started and finished a job order number 3122. The job cost :sheet shows the following data for this job Polishin :Job3122 Cutting 90 20 60 $800 Machine-hours Direct labor-hours Direct materials 30 250 5,0 00 $450 $4 Direct labor cost :The total job cost for Job3122 is closest to %24 NO LO

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Oman Marble Company has two processing
departments, Cutting and Polishing. The company
uses a multiple predetermined overhead rate in
each processing department under job-order
costing system. The Cutting Department's
predetermined overhead rate is based on machine-
hours and the Polishing Department's
predetermined overhead rate is based on direct
labor cost. At the beginning of the current period,
the company records show the following estimated
:information
Polishing Cutting
70
10,0
00
5,00
20 $
5,00
Direct Labor cost per hour
Direct labor-hours
20,0
0
100,0|
$4
Machine-hours
Total fixed manufacturing
overhead cost
Variable manufacturing
overhead per machine-hour
Variable manufacturing
overhead per direct labor-hour
60,0
00
0
$
During the current period the company started and
finished a job order number 3122. The job cost
:sheet shows the following data for this job
%24
%24
%24
%24
00
Transcribed Image Text:Oman Marble Company has two processing departments, Cutting and Polishing. The company uses a multiple predetermined overhead rate in each processing department under job-order costing system. The Cutting Department's predetermined overhead rate is based on machine- hours and the Polishing Department's predetermined overhead rate is based on direct labor cost. At the beginning of the current period, the company records show the following estimated :information Polishing Cutting 70 10,0 00 5,00 20 $ 5,00 Direct Labor cost per hour Direct labor-hours 20,0 0 100,0| $4 Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 60,0 00 0 $ During the current period the company started and finished a job order number 3122. The job cost :sheet shows the following data for this job %24 %24 %24 %24 00
During the current period the company started and
finished a job order number 3122. The job cost
:sheet shows the following data for this job
Polishin
:Job3122
Machine-hours
Direct labor-hours
Direct materials
Cutting
90
g
20
60
30
$800
5,0
00
250
$4
$450
$4
Direct labor cost
:The total job cost for Job3122 is closest to
%24
Transcribed Image Text:During the current period the company started and finished a job order number 3122. The job cost :sheet shows the following data for this job Polishin :Job3122 Machine-hours Direct labor-hours Direct materials Cutting 90 g 20 60 30 $800 5,0 00 250 $4 $450 $4 Direct labor cost :The total job cost for Job3122 is closest to %24
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