John at Tim's Toys was working on a custom-made miniature car for a customer. The job, BCB101, w started in March. At the end of March, the job cost sheet for BCB101 showed direct materials of $6,000, direct labor of 200 hours at $75 per hour, and overhead of 80% of direct labor cost. During April, direct materials of $1,700 were added, and John's time ticket showed 50 hours on Job BCB10: 25 hours on Job BCB102, and 40 hours on a new job, BCB103. Job BCB101 was completed on April 29. What is the total cost of Job BCB101 as of April 29? $26,450 $33,000 $41,450

John at Tim's Toys was working on a custom-made miniature car for a customer. The job, BCB101, w started in March. At the end of March, the job cost sheet for BCB101 showed direct materials of $6,000, direct labor of 200 hours at $75 per hour, and overhead of 80% of direct labor cost. During April, direct materials of $1,700 were added, and John's time ticket showed 50 hours on Job BCB10: 25 hours on Job BCB102, and 40 hours on a new job, BCB103. Job BCB101 was completed on April 29. What is the total cost of Job BCB101 as of April 29? $26,450 $33,000 $41,450

Name: John at Tim's Toys was working on a custom-made miniature car for a c
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Description: John at Tim's Toys was working on a custom-made miniature car for a customer. The job, BCB101, wasstarted in March. At the end of March, the job cost sheet for BCB101 showed direct materials of$6,000, direct labor of 200 hours at $75 per hour, and o

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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