etotal overhead costs that should be assigned to Job 1234

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cebu Enterprises is a Philippine exporter of souvenir items manufactured
in the capital city of Jerusalem. The following overhead cost data have
been accumulated:
Amount
of Activity
100,000 grams
50,000 units
4,000 hours
Cost Driver
Activity Center
Materials Handling
Painting
Assembly
Center Costs
P 50,000
200,000
120,000
Grams handled
Units painted
Labor hours
Job 1234 contains 3,000 units. It weighs 10,000 grams and uses 300 hours of labor.
Compute the total overhead costs that should be assigned to Job 1234.
P31,955
P27,750
P26,000
P32,000
Transcribed Image Text:Cebu Enterprises is a Philippine exporter of souvenir items manufactured in the capital city of Jerusalem. The following overhead cost data have been accumulated: Amount of Activity 100,000 grams 50,000 units 4,000 hours Cost Driver Activity Center Materials Handling Painting Assembly Center Costs P 50,000 200,000 120,000 Grams handled Units painted Labor hours Job 1234 contains 3,000 units. It weighs 10,000 grams and uses 300 hours of labor. Compute the total overhead costs that should be assigned to Job 1234. P31,955 P27,750 P26,000 P32,000
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