Job 243 was recently completed. The following data have been recorded on its job cost sheetDirect materialsDirect labor-hoursDirect labor wage rateMachine-hoursNumber of units completed$52,870445 labor-hours$13 per labor-hour526 machine-hours3,500 unitsThe company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $11 per machine-hour.Required:Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 declmel places.)Unit product cost< Prev8 of 8Next自92ere to search直

Direct labor cost = Labor hours x wage rate per hour = 445 x 13 = $5,785…

Answered: Job 243 was recently completed. The…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Please help me solve the total manufacturing cost for Job D-70 & Job C-200
Job 910 was recently completed. The following data have been recorded on its job cost sheet Direct materials $2,431 Direct labor-hours 70 labor-hours Direct labor wage rate Machine-hours $. 22 per labor-hour 139 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $23 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be: Multple Cholce $3.971 $4.492 $8.008 $7.168 6:07 PM O search 92°F AQI 61 へ回 9/8/2021 22 DELL
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 30,000 $ 252,000 $ 2.10 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 $ 675 $ 1,050 Direct materials Direct labor cost The of overhead applied to Job T687 is closest to: your intermediate calculations decimal places.) Multiple Choice $315 $252 $378 $63
Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate Mickley Company’s plantwide predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $ 17.00 per hour. The following information pertains to Job A-500: Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 40 units, what is the unit product cost for this job?
Job 434 was recently completed. The following data have been recorded on its job costsheet:The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $12 per machine-hour. Direct Materials 45,000 Direct Labor Hours 630 Direct Labor Wage Rate 13/labor hour Machine Hours 390 Number of Units Completed 3,000 units Required: Compute the unit product cost that would appear on the job cost sheet for this job.
Carver Test Systems manufactures automated testing equipment. The company uses a job-order costing system and applies overhead on the basis of machine-hours. At the beginning of the year, estimated manufacturing overhead was P1,960,000 and the estimated machine-hours was 98,000. Data regarding several jobs at Carver are presented below. Beginning Direct Direct MachineJob Number Balance Materials Labor HoursXJ-107 ................... P118,600 P4,000 P8,400 150ST-211 ................... P121,450 P2,500 P12,160 300XD-108.................. P21,800 P86,400 P36,650 3,100SL-205 ................... P34,350 P71,800 P32,175 2,700RX-115 .................. P0 P18,990 P21,845 1,400By the end of the first month (January), all jobs but RX-115 were completed, and all completed jobs had been delivered to customers except for SL-205. How much is the Cost of Goods Sold per job?
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. $488
Mackey 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?
Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours $2,474 73 labor-hours $19 per labor-hour 134 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $20 per machine hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: a. $7,381 b. $3,865 c. $6,541 d. $3,861
Cavy Company accumulated 540 hours of direct labor on Job 456 and 710 hours on Job 777. The direct labor was incurred at a rate of $18 per direct labor hour for Job 456 and $23 per direct labor for Job 777. Journalize the entry for the flow of labor costs into production. If an amount box does not require an entry, leave it blank. Work in Process Factory Overhead 8
Fickel Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $22.00 per direct labor-hour and $18.00 per direct labor-hour, respectively. The company's direct labor wage rate is $24.00 per hour. The following information pertains to Job N-60: Direct materials Direct labor Assembly $ 390 $ 228 1. Total manufacturing cost 2. Unit product cost Testing & Packaging Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job? (Do not round intermediate calculations. Round your answer to 2 decimal places.) $45 $ 132 Answer is complete but not entirely correct. $ $ 971 X 97.10 X per unit

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