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Stanford Manufacturing recently completed Job 842, and the following data have been recorded on its job cost sheet: • Direct materials: $3,675 . Direct labor-hours: 82 labor-hours . • Direct labor wage rate: $22 per labor-hour Machine-hours: 150 machine-hours Stanford Manufacturing applies overhead based on machine hours at a predetermined overhead rate of $25 per machine hour. In addition, they had a safety inspection on site during the job completion. The total cost that would be recorded on the job cost sheet for Job 842 is a. $8,950 b. $9,175 c. $9,542 d. $8,912.

Stanford Manufacturing recently completed Job 842, and the following data have been recorded on its job cost sheet: • Direct materials: $3,675 . Direct labor-hours: 82 labor-hours . • Direct labor wage rate: $22 per labor-hour Machine-hours: 150 machine-hours Stanford Manufacturing applies overhead based on machine hours at a predetermined overhead rate of $25 per machine hour. In addition, they had a safety inspection on site during the job completion. The total cost that would be recorded on the job cost sheet for Job 842 is a. $8,950 b. $9,175 c. $9,542 d. $8,912.

FINANCIAL ACCOUNTING
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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Stanford Manufacturing recently completed Job 842, and the following data have been recorded on its job cost sheet: • Direct materials: $3,675 . Direct labor-hours: 82 labor-hours . • Direct labor wage rate: $22 per labor-hour Machine-hours: 150 machine-hours Stanford Manufacturing applies overhead based on machine hours at a predetermined overhead rate of $25 per machine hour. In addition, they had a safety inspection on site during the job completion. The total cost that would be recorded on the job cost sheet for Job 842 is a. $8,950 b. $9,175 c. $9,542 d. $8,912.
Transcribed Image Text:Stanford Manufacturing recently completed Job 842, and the following data have been recorded on its job cost sheet: • Direct materials: $3,675 . Direct labor-hours: 82 labor-hours . • Direct labor wage rate: $22 per labor-hour Machine-hours: 150 machine-hours Stanford Manufacturing applies overhead based on machine hours at a predetermined overhead rate of $25 per machine hour. In addition, they had a safety inspection on site during the job completion. The total cost that would be recorded on the job cost sheet for Job 842 is a. $8,950 b. $9,175 c. $9,542 d. $8,912.
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