Determination of Cost under Job -order costing: The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job. However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc). Requirement1: The hourly wage rate of Sawyer.

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Answer 1

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Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

To determine

Requirement2:

The Total labour cost charged to Client 507.

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Question

Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

To determine

Requirement2:

The Total labour cost charged to Client 507.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

To determine

Requirement2:

The Total labour cost charged to Client 507.

Expert Solution & Answer

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Answer 4

Question

Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

To determine

Requirement2:

The Total labour cost charged to Client 507.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

To determine

Requirement2:

The Total labour cost charged to Client 507.

Answer 6

Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

Answer 7

Chapter 19, Problem S19.13SE

To determine

Determination of Cost under Job-order costing:

The Cost to be charged for the jobs shall be determined on the basis of actual cost incurred on direct material used on the jobs computed on the basis of material requisition sheet and actual cost of labour hours worked on a specific job which can be determined on the labour card prepared for the respective job.

However, the manufacturing overheads which is indirect cost not directly related to respective job shall be charged to jobs on the actual activity undertaken for the job on pre-determined overhead rate basis. The activity base needs to be decided by management for use (which may be labour hours, machine hours, labour cost, etc).

Requirement1:

The hourly wage rate of Sawyer.

Answer 8

To determine

Requirement2:

The Total labour cost charged to Client 507.

Answer 9

To determine

Requirement2:

The Total labour cost charged to Client 507.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 19 - Prob. 1QC Ch. 19 - When a manufacturing company uses direct...Ch. 19 - When a manufacturing company uses indirect...Ch. 19 - When a manufacturing company uses direct labor, it...Ch. 19 - What is Gell's predetermined overhead allocation...Ch. 19 - What is Gell's actual manufacturing overhead cost?...Ch. 19 - How much manufacturing overhead would Gell...Ch. 19 - What entry would Gell make to adjust the...Ch. 19 - A manufacturing company completed work on a job....Ch. 19 - Prob. 10QC

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Requirement2:

The Total labour cost charged to Client 507.

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Chapter 19 Solutions

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Requirement2: The Total labour cost charged to Client 507.

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Chapter 19 Solutions

Requirement2:

The Total labour cost charged to Client 507.