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Question: 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?

Question: 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 Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 2PB: Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500...
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Question: 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?
Transcribed Image Text:Question: 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?
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