Job 910 was recently completed. The following data have been recorded on its job cost sheetDirect materials$2,431Direct labor-hours70 labor-hoursDirect labor wage rateMachine-hours$.22 per labor-hour139 machine-hoursThe 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 sheetfor Job 910 would be:Multple Cholce$3.971$4.492$8.008$7.168< Prev2 of 8Next >6:07 PMO search92°F AQI 61へ回9/8/202122DELL

Name: Job 910 was recently completed. The following data have been recorded
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Job 910 was recently completed. The following data have been recorded on its job cost sheetDirect materials$2,431Direct labor-hours70 labor-hoursDirect labor wage rateMachine-hours$.22 per labor-hour139 machine-hoursThe Corporation applies manufactu

Total cost includes the direct material cost, direct labor cost and manufacturing overhead cost.

Business

Accounting

Job 910 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 $2,431 70 labor-hours %24 22 per labor-hour 139 machine-hours

Job 910 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 $2,431 70 labor-hours %24 22 per labor-hour 139 machine-hours

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $27.00 per direct labor-hour and 110% of direct materials cost, respectively. The company's direct labor wage rate is $33.00 per hour. The following information pertains to Job 700. D Direct materials Direct labor Finishing Fabrication $ 495 $ 120 $ 396 $264 Required: 1. What is the total manufacturing cost assigned to Job 700? 2. If Job 700 consists of 25 units, what is its unit product cost? Note: Round your answer to 2 decimal places. 1. Total manufacturing cost 2 Unit product cost per unit
Newhard Company assigns overhead cost to jobs on the basis of 111% of direct labor cost. The job cost sheet for Job 313 includes $14,084 in direct materials cost and $10,600 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a. Total manufacturing cost b. Unit product cost
During February, the job-cost record for Job 494 contained the following: Machining Department Assembly Department Direct materials used $42,000 $78,000 Direct manufacturing labor costs $15,000 $19,000 Direct manufacturing labor-hours 1,100 1,300 Machine-hours 2,800 1,100 Compute the total manufacturing overhead costs allocated to Job 494.
Newhard Company assigns overhead cost to jobs on the basis of 114% of direct labor cost. The job cost sheet for Job 313 includes $21,494 in direct materials cost and $10,400 in direct labor cost. A total of 1,750 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a. Total manufacturing cost b. Unit product cost
Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 2,412 Direct labor-hours 74 labor-hours Direct labor wage rate $ 21 per labor-hour Machine-hours 137 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $22 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be:
Mickley Company’s plantwide predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $13.00 per hour. The following information pertains to Job A-500: Direct materials $ 280 Direct labor $ 260 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 30 units, what is the unit product cost for this job?
Job 243 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 Number of units completed $52,870 445 labor-hours $13 per labor-hour 526 machine-hours 3,500 units The 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 < Prev 8 of 8 Next 自 92 ere to search 直

Smith, Inc. uses a job-order costing system with the predetermined overhead rate of $12 per machine-hour. The job cost sheet for Job #42A listed $12,000 in direct labor cost, $18,000 in direct materials cost, 1,200 direct labor-hours and 1,100 machine-hours. The total cost of Job # 42A is $
Newhard company assigns overhead cost to jobs on the basis of 118% of direct labor costs. The job cost sheet for job 313 includes $23,664 in direct materials cost and $10,200 in direct labor cost. A total of 1,350 units were produced in job 313. A. what is the total manufacturing cost assigned to job 313? b. what is the unit product cost for job 313?
At the end of Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: JobDirect Materials Direct Machine Hours Job No. 765 $ 5,670 3,500 Job No. 8,900 4,775 44 Job 765 produced 152 units, and Job 766 consisted of 250 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of 200 per hour. a. Determine the balance on the job cost sheets for each job Job 765 Job 766 b. Determine the cost per unit at the end of April. Round your answers to the nearest cent Job 765 Job 766
The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job. Date Document Amount 7/1 Q-4698 $1,250 W-3393 600 7/1 ed 7/5 Q-4725 1,000 7/5 W-3479 450 7/10 W-3559 300 Determine the total cost on the job cost sheet for Job 9-1005. es JOB COST SHEET: Job 9-1005 Direct Materials Direct Labor Total Cost Date Requisition No. Amount Time-Ticket No. Amount 07/01 07/05 07/10 < Prev G F3 -- 2 # F4 $ F5 % OL F6 F7 A Overhead Costs Applied 7 of 7 F8 & Next F9 * * F10 -O- F11 28 D F12 2 Fn Lock 9:27 AM 6/3/2022 Insert Prt Sc
The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job. Date Document Amount 7/1 Q-4698 $ 1,500 7/1 W-3393 850 7/5 Q-4725 1,250 7/5 W-3479 700 7/10 W-3559 550 Determine the total cost on the job cost sheet for Job 9-1005.