The total job cost for Job3122 is closest to:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Use the information given
rgof siun Joienep BUIMOIIO1 ƏU1 SMous
Job3122:
Cutting Polishing
Machine-hours
90
20
Direct labor-hours
30
60
Direct materials
$ 500
$ 250
Direct labor cost
$450
$ 4,000
The total job cost for Job3122 is closest to:
O a. $ 6,990
O b. $5,200
O C.
$ 7,030
O d. None of the given answer.
Transcribed Image Text:rgof siun Joienep BUIMOIIO1 ƏU1 SMous Job3122: Cutting Polishing Machine-hours 90 20 Direct labor-hours 30 60 Direct materials $ 500 $ 250 Direct labor cost $450 $ 4,000 The total job cost for Job3122 is closest to: O a. $ 6,990 O b. $5,200 O C. $ 7,030 O d. None of the given answer.
Cutting Polishing
Direct Labor cost per hour
$4
20
70
Direct labor-hours
5,000
10,000
Machine-hours
20,000
5,000
Total fixed manufacturing
overhead cost
$100,000
$ 60,000
Variable manufacturing
overhead per machine-hour
$ 6.
Variable manufacturing
overhead per direct labor-
hour
$4
During the current period the company started and
finished a job order number 3122. The job cost sheet
shows the following data for this job:
8.
%24
Transcribed Image Text:Cutting Polishing Direct Labor cost per hour $4 20 70 Direct labor-hours 5,000 10,000 Machine-hours 20,000 5,000 Total fixed manufacturing overhead cost $100,000 $ 60,000 Variable manufacturing overhead per machine-hour $ 6. Variable manufacturing overhead per direct labor- hour $4 During the current period the company started and finished a job order number 3122. The job cost sheet shows the following data for this job: 8. %24
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