Tech Advance Industries has completed Job 628, and the job cost sheet contains the following data: • • Direct materials: $6,500 Direct labor-hours: 110 labor-hours Direct labor wage rate: $22 per labor-hour Machine-hours: 160 machine-hours Overhead is applied at a rate of $16 per machine-hour. A new quality control process was implemented during this project to reduce defects, but this does not affect the cost calculation. The total cost that would be recorded on the job cost sheet for Job 628 is?

Tech Advance Industries has completed Job 628, and the job cost sheet contains the following data: • • Direct materials: $6,500 Direct labor-hours: 110 labor-hours Direct labor wage rate: $22 per labor-hour Machine-hours: 160 machine-hours Overhead is applied at a rate of $16 per machine-hour. A new quality control process was implemented during this project to reduce defects, but this does not affect the cost calculation. The total cost that would be recorded on the job cost sheet for Job 628 is?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter5: Product And Service Costing: Job-order System

Section: Chapter Questions

Problem 22E: CleanCom Company specializes in cleaning commercial buildings and construction sites. Each building...

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XYZ Corporation uses ABC costing to allocate the overhead costs and these are the rates for each activity. $15 per batch for Setup: $50 per hour for Engineering and $10 per direct labor hour for Maintenance. Expected batches are 300, machine hours are 250, engineering hours are 1,000, and direct labor hours are 1,200. Given the information above, what is the total overhead cost that is allocated for Job 1? O $114,500 O $126,500 O $139,000 O $100,000
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