Job 75 incurred the following costs for the manufacture of 200 units of motors:Original cost accumulationDirect materialsDirect laborFactory overhead (150% of direct labor)Direct costs of reworked 10 unitsP 13,20016,00024,000Direct materials2,0003,200Direct laborThe total rework costs were attributable to exacting specifications of Job 75 and thefull rework costs were charged to the specific job.5. The cost of Job 75 wasа. Р316b. Р 266с. Р 280d. P 292

This question require us to cost cost of Job 75. When rework cost is directly attributable to…

Job 75 incurred the following costs for the manufacture of 200 units of motors: Original cost accumulation Direct materials Direct labor P 13,200 16,000 24,000 Factory overhead (150% of direct labor) Direct costs of reworked 10 units Direct materials Direct labor The total rework costs were attributable to exacting specifications of Job 75 and the full rework costs were charged to the specific job. 5. The cost of Job 75 was 2,000 3,200 а. Р316 b. P 266 с. Р 280 d. P 292

Job 75 incurred the following costs for the manufacture of 200 units of motors: Original cost accumulation Direct materials Direct labor P 13,200 16,000 24,000 Factory overhead (150% of direct labor) Direct costs of reworked 10 units Direct materials Direct labor The total rework costs were attributable to exacting specifications of Job 75 and the full rework costs were charged to the specific job. 5. The cost of Job 75 was 2,000 3,200 а. Р316 b. P 266 с. Р 280 d. P 292

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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