MetroTech Solutions has finished Job 915, and the job cost sheet contains the following data: . Direct materials: $4,200 • Direct labor-hours: 95 labor-hours • Direct labor wage rate: $20 per labor-hour • Machine-hours: 145 machine-hours Overhead is applied at a rate of $18 per machine-hour. A new time tracking system was used during this project to increase accuracy, but this does not affect the cost calculation. The total cost that would be recorded on the job cost sheet for Job 915 is:

MetroTech Solutions has finished Job 915, and the job cost sheet contains the following data: . Direct materials: $4,200 • Direct labor-hours: 95 labor-hours • Direct labor wage rate: $20 per labor-hour • Machine-hours: 145 machine-hours Overhead is applied at a rate of $18 per machine-hour. A new time tracking system was used during this project to increase accuracy, but this does not affect the cost calculation. The total cost that would be recorded on the job cost sheet for Job 915 is:

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 10E: Compute the total job cost for each of the following scenarios: a. If the direct labor cost method...

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