Job 210 was unfinished at the end of the accounting period. The total cost assigned to the job was Rs. 12,000 of which Rs. 3,000 was direct material cost. Factory overheads were allocated to goods in process at 150% of direct labor cost. What was the amount of Factory overhead cost charged to Job210? A. Rs. 3,600 B. Rs. 3,000 C. Rs. 5,400 D. Rs. 9,000
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Job 210 was unfinished at the end of the accounting period. The total cost assigned to the job was Rs. 12,000 of which Rs. 3,000 was direct material cost. Factory
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- York Company Is a machine shop that estimated overhead will be $50,000, consisting of 5,000 hours of direct labor. The cost to make job 0325 is $70 in aluminum and two hours of labor at $20 per hour. During the month. York incurs $50 in indirect material cost. $150 in administrative labor, $300 in utilities, and $250 in depreciation expense. What is the predetermined overhead rate if direct labor hours are considered the cost driver? What is the cost of Job 0325? What is the overhead incurred during the month?Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500 machine hours. The cost to make Job 416 is $95 in neon, 15 hours of labor at $13 per hour, and five machine hours. During the month, it incurs $95 in indirect material cost, $130 in administrative labor, $320 in utilities, and $350 in depreciation expense. What is the predetermined overhead rate if machine hours are considered the cost driver? What is the cost of Job 416? What is the overhead incurred during the month?A company calculated the predetermined overhead based on an estimated overhead of $70.000, and the activity for the cost driver was estimated as 2,500 hours. If product A utilized 1,350 hours and product 8 utilized 1,100 hours, what was the total amount of overhead assigned to the products? A. $35000 B. $30.800 C. $37,800 D. $68,600
- At the beginning of the year, a company estimated a predetermined plantwide overhead rate of $8.50 per machine - hour. Job X used 16 machine-hours and it was charged $200 and $288 for direct materials and direct labor, respectively. What is the total job cost for Job X? A. $446 B. $136 C. $624 D. $488The work in process account in the general ledger of Multan Manufacturing Company appears as follows: Work in Process Account Material Payroll Applied FOH Rs. 15,000 10,000 5,000 Job Completed Rs. 24,000 There was only one job in process. The material charged to this job amounted to Rs. 3,000. The FOH is applied to production on the basis of direct labor cost Calculate amount of FOH to job completedA company estimated $420,000 of factory overhead cost and 16,000 direct labor hours for the period. During the period, a job was completed with $4,500 of direct materials and $3,000 of direct labor. The direct labor rate was $15 per hour. What is the factory overhead applied to this job? a. $420,000 b. $2,100 c. $78,750 d. $5,250
- When job 711 was completed, direct materials totaled $4,000, direct labor totaled $4,600, and factor overhead totaled $2,400. Units produced totaled 1,000. Unit costs are: a. $11,000 b. $1,100 c. $110 d. $11Morris Corp applies manufacturing overhead cost to Jobs (to the work in process account) at a rate of $50 per direct labor hour (DLH). For the year, actual overhead costs totaled $240,000, and 5,000 DLHs were worked by the company's employees. a. How much overhead cost was applied to the work in process account? b. Was manufacturing overhead overapplied, or underapplied.49. The following information is extracted from the job ledger, in respect of job 222: Rs. 2,500 Materials: Wages: Dept. A: Dept. B 75 Hrs at Rs. 2.75 per hour. 55 Hrs at Rs. 4 per hour. Variable overheads: Dept. A: Dept. B: Rs. 6,000 for 5,000 direct hours. Rs. 8,000 for 5,000 direct hours. Rs. 7,500 for 10,000 hours of normal working time of the factory. Fixed overheads: Calculate the cost of Job No. 222 and estimates the percentage of profit if the price quoted is Rs. 3,900.
- The work in process account in the general ledger of Multan Manufacturing Company appears as follows: Work in Process Account Material Payroll Applied FOH Rs. 15,900 8,000 6,000 Job Completed Rs. 21,000 There was only one job in process. The material charged to this job amounted to Rs. 1,900. Calculate amount of labor to this incomplete job.Reynolds Manufacturers Inc. has estimated total factory overhead costs of $88,800 and expected direct labor hours of 11,100 for the current fiscal year. If job number 117 incurs 2,000 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for Oa. $88,800 b. $2,000 Oc. $44,400 Od. $16,000Mackey Company's plantwide predetermined overhead rate is $25.00 per DLH and its direct labor wage is $21.00 per hour. For Job N, Direct materials is $1,000 and Direct labor is $420. a. What is the total manufacturing cost assigned to Job N? b. If Job N consists of 60 units, what is the unit product cost for this job?