Vuelty, Ltd. constructs houses and uses a job costing system to track product costs. Vuelty applies overhead to jobs using board feet. Vuelty has calculated an overhead rate of $54.09 per board foot and they have recorded the following information for job number F5704: Direct material: $5,452.00 Direct labor hours: 32 Direct labor rate: $23.07 Total board feet: 310 What is the total cost of job number F5704? A. $6,190.24 B. $22,219.90 C. $5,529.16 D. $7,921.12 E. $22,958.14
Vuelty, Ltd. constructs houses and uses a job costing system to track product costs. Vuelty applies overhead to jobs using board feet. Vuelty has calculated an overhead rate of $54.09 per board foot and they have recorded the following information for job number F5704: Direct material: $5,452.00 Direct labor hours: 32 Direct labor rate: $23.07 Total board feet: 310 What is the total cost of job number F5704? A. $6,190.24 B. $22,219.90 C. $5,529.16 D. $7,921.12 E. $22,958.14
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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