Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty patio furniture. At the beginning of June, Terra Mesa had one job in Work in Process, job A75. Management has chosen direct labor cost as its activity base. The costs incurred to date on job A75 are as follows: Direct materials $8260 Direct labor 10500 Overhead 13125 During June, Terra Mesa added the following costs for direct materials and direct labor to job A75: Direct materials $2630 Direct labor 4620 Job A75 was competed on June 30. What is the cost of job A75? $26010 $39135 $44910 $42831
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Direct materials | $8260 | |
Direct labor | 10500 | |
Overhead | 13125 |
During June, Terra Mesa added the following costs for direct materials and direct labor to job A75:
Direct materials | $2630 | |
Direct labor | 4620 |
Job A75 was competed on June 30. What is the cost of job A75?
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