Swifty Corporation manufactures customized desks. The following pertains to Job No. 978: Direct materials used $24450 Direct labor hours worked 560 Direct labor rate per hour $15.00 Machine hours used 500 Applied factory overhead rate per machine hour $22.00 What is the total manufacturing cost for Job No. 978?

Swifty Corporation manufactures customized desks. The following pertains to Job No. 978: Direct materials used $24450 Direct labor hours worked 560 Direct labor rate per hour $15.00 Machine hours used 500 Applied factory overhead rate per machine hour $22.00 What is the total manufacturing cost for Job No. 978?

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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Sheridan Company manufactures customized desks. The following pertains to Job No. 978: Direct materials used $11450 Direct labor hours worked 560 Direct labor rate per hour $15.00 Machine hours used 500 Applied factory overhead rate per machine hour $22.00 What is the total manufacturing cost for Job No. 978? $36350 $29050 $30850 $32350
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! Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Beginning of period $ 45,000 9,600 68,000 End of Period Inventories Raw materials Work in process Finished goods $ 45,000 19,000 33,500 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 178,000 250,000 9,000 57,500 115,500 Exercise 15-13 (Algo) Recording materials; direct and indirect LO P1, P3 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period. X Answer is not complete. No Transaction General Journal…
Tik Tok Company manufactures customized coffee tables. The following relates to Job No. X10, an order for 150 coffee tables: Direct materials used $22 800 Direct labour hours worked 600 Direct labour rate per hour $16.00 Machine hours used 400 Applied factory overhead rate per machine hour $30.00 Required: a) What is the total manufacturing cost for Job No. X10? b) Calculate the cost per coffee table for Job No. X10? c) List two uses of this unit cost information to the managers at Tik Tok Company
Plz do no provide image for answer The direct materials costs are $10,000. The direct labor costs are $20,000. The predetermined overhead rate is $8 per machine hour. The company estimated 2,000 machine hours for the job order. However, the actual production required 1,500 machine hours. The company had produced 1,000 units of product. What is the unit product cost?
Marigold Corp. manufactures customized desks. The following pertains to Job No. 978: Direct materials used $15450 Direct labor hours worked 160 Direct labor rate per hour $15.00 Machine hours used 100 Applied factory overhead rate per machine hour $22.00 What is the total manufacturing cost for Job No. 978? $20050 $21150 $21550 $18250
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Direct materials used	$24450
Direct labor hours worked	560
Direct labor rate per hour	$15.00
Machine hours used	500
Applied factory overhead rate per machine hour	$22.00