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i Requirements Compute the total amount of direct materials, direct labor, and manufacturing overhead that should...
Requirements: 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should...
Requirements:
1.
Compute the total amount of direct materials, direct labor,
and manufacturing overhead that should be shown on Job 310's job
cost record.
2.
Job 310 consists of four recliners. If each recliner sells for
$750, what is the gross profit per recliner?
Direct materials for job 310:
Lumber: 47 units at $10 per unit
Padding: 14 yards at $20 per yard
Upholstery fabric: 28 yards at $26 per yard
Labor time records for Job 310:
Penny Rawls: 11...
Shea Funiture started and finished Job 310 during December. The company's records show that the following...
Shea Funiture started and finished Job 310 during December. The company's records show that the following direct materials were requisitioned for Job 310: Click the icon to view the direct materials for Job 310.) More Info Lumber: 51 units at $5 per unit Padding: 11 yards at $14 per yard Upholstery fabric: 31 yards at $25 per yard Print Done Labor time records show the following employees (direct labor) worked on Job 310 (Click the icon to view the labor...
E3-23A (similar to) Question Help Fontaine Furniture started and finished Job 310 during October. The company's...
E3-23A (similar to) Question Help Fontaine Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310 A(Click the icon to view the direct materials for Job 310.) Labor time records show the following employees (direct labor) worked on Job 310: (Click the icon to view the labor time records for Job 310.) Fontaine allocates manufacturing overhead at a rate of $16 per direct labor hour. Read the requirements....
Murphy Furniture started and finished Job 310 during July. The company's records show that the following...
Murphy Furniture started and finished Job 310 during July. The company's records show that the following direct materials were requisitioned for Job 310 (Click the icon to view the direct materials for Job 310) Labor time records show the following employees (direct labor) worked on Job 310: i (Click the icon to view the labor time reoords for Job 310.) Murphy allocates manufacturing overhead at a rate of $17 per direct labor hour Read the requirements Requirement 1. Compute the...
Goldstein Furniture started and finished Job 310 during October. The company's records show that the following...
Goldstein Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310: Labor time records show the following employees (direct labor) worked on Job 310 (Click the icon to view the labor time records for Job 310.) Goldstein allocates manufacturing overhead at a rate of $17 par direct labor hour. Read the requirements (Click the icon to view the direct materials for Job 310.) Requirement 1. Compute the total...
Response Questions Part A ToB A) Fill out 2 boxes for Total job cost (per unit)...
Response Questions Part A ToB A) Fill out 2 boxes for Total job cost (per unit) and Gross profit (per unit) below More Info * More Info - X Lounge Lizard allocates manufacturing overhead at a rate of $11 per direct labor hour. Lumber: 48 units at $4 per unit Padding: 13 yards at $18 per yard Upholstery fabric: 31 yards at $29 per yard Holly Pulsifer: 14 hours at $10 per hour Elizabeth Dickerson: 19 hours at $22 per...
Materials and Labor Requirements Direct materials Wood Fiberglass Direct manufacturing labor 13 board feet (b.f.) per...
Materials and Labor Requirements Direct materials Wood Fiberglass Direct manufacturing labor 13 board feet (b.f.) per snowboard 11 yards per snowboard 7 hours per snowboard Skubas's CEO expects to sell 3,400 snowboards during January 2018 at an estimated retail price of $1,000 per board. Further, the CEO expects 2018 beginning inventory of 700 snowboards and would like to end January 2018 with 800 snowboards in stock. Direct Materials Inventories Ending Inventory 1/31/2018 Wood Beginning Inventory 1/1/2018 2,060 b.f. 1,060 yards...
Total direct labor-hours 40,000 Total foxed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct...
Total direct labor-hours 40,000 Total foxed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 150 Direct materials $ 755 Direct labor cost $ 5,000 The total cost for Job P951 is closest to: O $6,205 O $5.755 O $1,565 $6,565
Total direct labor-hours:101,000 Total fixed manufacturing overhead cost: $595,900 Variable manufacturing overhead per direct labor-hour: $3.00...
Total direct labor-hours:101,000 Total fixed manufacturing
overhead cost: $595,900 Variable manufacturing overhead per direct
labor-hour: $3.00
loughamy waketech edu My Turbo Tax Login Signint x f Me 2019 Connect Required: Ch 2 Quiz Saved Help Save & Exit Submit Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: points Total direct labor-hours Total fixed manufacturing overhead...
Data Markup on job cost 75% Milling Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable...
Data Markup on job cost 75% Milling Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Assembly 60,000 3,000 8,000 80,000 $390,000 $500,000 $2.00 $3.75 Cost summary for Job 407 Department Milling Assembly 90 Machine-hours Direct labor-hours Direct materials Direct labor cost $800 $70 20 $370 $280 Enter a formula into each of the cells marked with a ? below Assembly Step 1: Calculate the estimated total manufacturing overhead...
Requirements:
1.
Compute the total amount of direct materials, direct labor,
and manufacturing overhead that should be shown on Job 310's job
cost record.
2.
Job 310 consists of four recliners. If each recliner sells for
$750, what is the gross profit per recliner?
Direct materials for job 310:
Lumber: 47 units at $10 per unit
Padding: 14 yards at $20 per yard
Upholstery fabric: 28 yards at $26 per yard
Labor time records for Job 310:
Penny Rawls: 11...
Shea Funiture started and finished Job 310 during December. The company's records show that the following direct materials were requisitioned for Job 310: Click the icon to view the direct materials for Job 310.) More Info Lumber: 51 units at $5 per unit Padding: 11 yards at $14 per yard Upholstery fabric: 31 yards at $25 per yard Print Done Labor time records show the following employees (direct labor) worked on Job 310 (Click the icon to view the labor...
E3-23A (similar to) Question Help Fontaine Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310 A(Click the icon to view the direct materials for Job 310.) Labor time records show the following employees (direct labor) worked on Job 310: (Click the icon to view the labor time records for Job 310.) Fontaine allocates manufacturing overhead at a rate of $16 per direct labor hour. Read the requirements....
Murphy Furniture started and finished Job 310 during July. The company's records show that the following direct materials were requisitioned for Job 310 (Click the icon to view the direct materials for Job 310) Labor time records show the following employees (direct labor) worked on Job 310: i (Click the icon to view the labor time reoords for Job 310.) Murphy allocates manufacturing overhead at a rate of $17 per direct labor hour Read the requirements Requirement 1. Compute the...
Goldstein Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310: Labor time records show the following employees (direct labor) worked on Job 310 (Click the icon to view the labor time records for Job 310.) Goldstein allocates manufacturing overhead at a rate of $17 par direct labor hour. Read the requirements (Click the icon to view the direct materials for Job 310.) Requirement 1. Compute the total...
Response Questions Part A ToB A) Fill out 2 boxes for Total job cost (per unit) and Gross profit (per unit) below More Info * More Info - X Lounge Lizard allocates manufacturing overhead at a rate of $11 per direct labor hour. Lumber: 48 units at $4 per unit Padding: 13 yards at $18 per yard Upholstery fabric: 31 yards at $29 per yard Holly Pulsifer: 14 hours at $10 per hour Elizabeth Dickerson: 19 hours at $22 per...
Materials and Labor Requirements Direct materials Wood Fiberglass Direct manufacturing labor 13 board feet (b.f.) per snowboard 11 yards per snowboard 7 hours per snowboard Skubas's CEO expects to sell 3,400 snowboards during January 2018 at an estimated retail price of $1,000 per board. Further, the CEO expects 2018 beginning inventory of 700 snowboards and would like to end January 2018 with 800 snowboards in stock. Direct Materials Inventories Ending Inventory 1/31/2018 Wood Beginning Inventory 1/1/2018 2,060 b.f. 1,060 yards...
Total direct labor-hours 40,000 Total foxed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 150 Direct materials $ 755 Direct labor cost $ 5,000 The total cost for Job P951 is closest to: O $6,205 O $5.755 O $1,565 $6,565
Total direct labor-hours:101,000 Total fixed manufacturing
overhead cost: $595,900 Variable manufacturing overhead per direct
labor-hour: $3.00
loughamy waketech edu My Turbo Tax Login Signint x f Me 2019 Connect Required: Ch 2 Quiz Saved Help Save & Exit Submit Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: points Total direct labor-hours Total fixed manufacturing overhead...
Data Markup on job cost 75% Milling Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Assembly 60,000 3,000 8,000 80,000 $390,000 $500,000 $2.00 $3.75 Cost summary for Job 407 Department Milling Assembly 90 Machine-hours Direct labor-hours Direct materials Direct labor cost $800 $70 20 $370 $280 Enter a formula into each of the cells marked with a ? below Assembly Step 1: Calculate the estimated total manufacturing overhead...
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