Riverside Manufacturing completes Job #452 with the following details: • Standard Labor Hours: 800 hours • Standard Labor Rate: $22.00 per hour Actual Labor Hours: 750 hours • Actual Labor Rate: $22.50 per hour
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- Job 19AB required 10,000 for direct materials, 4,000 for direct labor, 300 direct labor hours, 150 machine hours, three material moves, and five component parts. The cost pools and overhead rates for each pool follow: Determine the cost of Job 19AB using the ABC method.Assume that RamCo applies overhead to jobs based on direct labor cost. Job A1 was started and completed and sold to customer for $500. The Job A1 cost sheet shows $200 for direct materials, $100 for direct labor, and $60 for overhead on its job cost sheet. Job A2 is still in process at year end and shows charges of $280 for direct materials and $150 for direct labor. How much overhead should be charged to Job A2 at year end? $0 $60 $90 $120 000What is the total cost per unit......?
- Iglesias Company completed Job 12 on November 30. The details of Job 12 are given below: Direct labor cost $840 Direct materials cost $1,100 Machine hours 7 Direct labor hours 22 Predetermined overhead allocation rate $90 per machine hour What is the total cost of Job 12?1 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $624,000 of overhead costs and $520,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Dok nt Required 1 Required 2 nt ences Using the information on the following job cost sheet, determine the total cost of the job. (Round your answers to the nearest dollar amount.) JOB COST SHEET Customer's Name: Keiser Co. Job No: 13-56 Job Description: 5 plasma monitors-61 inch Direct Materials Overhead Total Cost Date Requisition No. Amount Costs Applied Mar. 8 4-129 $ 6,000 T-306 $ 7,800 Mar. 11 4-142 7,350 T-432 Mar. 18 4-167 3,850 T-456 4 47.000 ▬ ‒‒‒ m Next > *********** HOL Direct Labor Time-Ticket No. Amount $ ch Prev…Job 493 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $3,190 Direct labor-hours 51 labor-hours Direct labor wage rate $15 per labor-hour Machine-hours 175 machine-hours The company applies manufacturing overhead on the basis of machine hours. The predetermined overhead rate is $15 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 493 would be: $6,580 $3,219 $5,249 $6,880 None of the above Please show your work.
- Job 910 was recently completedAt the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Job 765 Job 766 Job 765 Job 766 Direct Materials Job 765 Job 766 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. $ $5,670 8,900 Direct Labor $ $3,500 4,775 Machine Hours b. Determine the cost per unit at the end of April. Round your answers to the nearest cent. 27 44Please answer asap
- Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747,500 of overhead costs and $575,000 of direct labor cost for the period. During March, Shire began and completed Job 56. 1. What is the predetermined overhead rate for this period? 2. Use the information on the following job cost sheet to determine the total cost of Job 56.Iglesias, Inc. completed Job 12 on November 30. The details of Job 12 are given below: Direct labor cost Direct materials cost Machine hours Direct labor hours Predetermined overhead allocation rate What is the total cost of Job 12? OA. $1,290 OB. $1,720 OC. $2,590 OD. $2,170 $870 $1,300 7 hours 25 hours $60 per machine hour ... Othe total cist of job is accounting
