JYD Manufacturing uses departmental cost driver rates to apply manufacturing overhead costs to products. Manufacturing overhead costs are applied on the basis of machine hours in the Machining Department and on the basis of direct labor hours in the Assembly Department. At the beginning of 2021, the following estimates were provided for the coming year: Machining Assembly Direct labor hours 10,000 dlh 90,000 dlh Machine hours 100,000 mh 5,000 mh Direct labor cost P80,000 P720,000 Manufacturing overhead 250,000 360,000 The accounting records of the company show the following data for Job # 100: Machining Assembly Direct labor hours 50 dlh 120 dlh Machine hours 170 mh 10 mh Direct material cost P2,700 P1,600 Direct labor cost P 400 P 900 How much is the total cost of Job 100?
- JYD Manufacturing uses departmental cost driver rates to apply
manufacturing overhead costs to products. Manufacturing overhead costs are applied on the basis of machine hours in the Machining Department and on the basis of direct labor hours in the Assembly Department. At the beginning of 2021, the following estimates were provided for the coming year:
Machining Assembly
Direct labor hours 10,000 dlh 90,000 dlh
Machine hours 100,000 mh 5,000 mh
Direct labor cost P80,000 P720,000
Manufacturing overhead 250,000 360,000
The accounting records of the company show the following data for Job # 100:
Machining Assembly
Direct labor hours 50 dlh 120 dlh
Machine hours 170 mh 10 mh
Direct material cost P2,700 P1,600
Direct labor cost P 400 P 900
How much is the total cost of Job 100?
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