Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)
Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)
15th Edition
ISBN: 9780133781106
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Chapter 5, Problem 5.30P

1.

To determine

To explain: The reason for B association to understand the costs associated with individual job.

2.

To determine

To calculate: The cost of S Enterprises and B incorporation jobs using simple costing system.

Given information:

Professional labor hour for C is 150 hours.

Professional labor hour for S is 100 hours.

Professional labor cost per hour for is $80.

Indirect labor cost per hour for is $100.

Total indirect cost is $25,000.

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