Tech Pro Manufacturing has completed Job 827, and the job cost sheet contains the following data: ⚫ Direct materials: $5,800 ⚫ Direct labor-hours: 120 labor-hours ⚫ Direct labor wage rate: $25 per labor-hour ⚫ Machine-hours: 180 machine-hours ⚫ Overhead is applied at a rate of $22 per machine-hour. A quality control review was conducted during this project to ensure specifications were met, but this does not affect the cost calculation. The total cost that would be recorded on the job cost sheet for Job 827 is?

Tech Pro Manufacturing has completed Job 827, and the job cost sheet contains the following data: ⚫ Direct materials: $5,800 ⚫ Direct labor-hours: 120 labor-hours ⚫ Direct labor wage rate: $25 per labor-hour ⚫ Machine-hours: 180 machine-hours ⚫ Overhead is applied at a rate of $22 per machine-hour. A quality control review was conducted during this project to ensure specifications were met, but this does not affect the cost calculation. The total cost that would be recorded on the job cost sheet for Job 827 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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Frary Corporation is a building contractor. Frary tracks product costs in its job cost system and uses board feet to apply overhead to jobs. Frary has calculated an overhead rate of $61.52 per board foot and they have recorded the following information for job number E4641: Direct labor hours: 45 Direct labor rate: $17.14 Direct material: $5,784.00 Total board feet: 243 The total cost of job number E4641 is: Select one: A. $20,733.36 B. $6,555.30 C. $5,862.66 D. $9,323.70 E. $21,504.66
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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 ww b. $9,175 w
PVW Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. During the month of September, an order (Job X2) by a customer comprised 5,000 units of the product; manufacturing cost is $5.00 per unit. The processing of this job, however, resulted in spoilage of 400 units, considered normal with no disposal value, attributable to this specific job. Required: How will you account for the above transaction, for example, in a journal entry? Determine the unit cost showing computations.
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Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ $ 3,193 Direct labor-hours 21 labor-hours Direct labor wage rate $ 12 per labor-hour Machine-hours 166 machine-hours The Corporation 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 910 would be: Multiple Choice $3,220 $3,760 $5,935 $3,445