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Fringe Benefits House Allocation Rate Weight of Base Allocated Cost 2 Total Indirect Materials: House Allocation...
Home 3 Total The cost components to determine the total cost of each house: Expected Costs...
Home 3 Total The cost components to determine the total cost of each house: Expected Costs Home 1 Home 2 Direct labor Direct materials Fringe benefits Indirect materials Total cost 0 $ $ 0 $ 0 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Home 1 $ 62,000 98,000 Home 2 $ 95,000 138,000 Home 3 $187,000 191,000...
Exercise 12-8 Allocating costs among products LO 12-3 Jordan Construction Company expects to build three new...
Exercise 12-8 Allocating costs among products LO 12-3 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: Expected Costs Direct labor Direct materials Home 1 $79,000 93.000 Home 2 $ 93,000 134,000 Home 3 $182,000 191,000 Assume Jordan needs to allocate two major overhead costs ($53,100 of employee fringe benefits and $20,900 of indirect materials costs) among the three jobs. Required Choose an appropriate cost...
Campbell Construction Company expects to build three new homes during a specific accounting period. The estimated...
Campbell Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Home 1 $ 74,000 108,000 Home 2 $ 92,000 147,000 Home 3 $186,000 182,000 Assume Campbell needs to allocate two major overhead costs ($35,200 of employee fringe benefits and $21,850 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Benson Construction Company expects to build three new homes during a specific accounting period. The estimated direct...
Benson Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: Expected Costs Direct labor Home 3 Home 1 Home 2 $ 69, e00 $1өө, өөө $186,өөө Direct 131,000 103,000 180,000 materials Assume Benson needs to allocate two major overhead costs ($53,250 of employee fringe benefits and $33,120 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead...
Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct...
Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materia and labor costs are as follows: Expected costs Direct labor Direct materials Home 1 $ 68,000 103,000 Home 2 $ 97,000 135,000 Home 3 $184,000 197,000 Assume Zachary needs to allocate two major overhead costs ($69,800 of employee fringe benefits and $30,450 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated...
Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 65,000 99,000 Home 2 $ 108,000 147,000 Home 3 $173,000 191,000 Assume Thornton needs to allocate two major overhead costs ($51,900 of employee fringe benefits and $30,590 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated...
Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 65,000 99,000 Home 2 $ 108,000 147,000 Home 3 $173,000 191,000 Assume Thornton needs to allocate two major overhead costs ($51,900 of employee fringe benefits and $30,590 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Check my work Exercise 12-8A (Algo) Allocating costs among products LO 12-3 Jordan Construction Company expects...
Check my work Exercise 12-8A (Algo) Allocating costs among products LO 12-3 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 67,000 95,000 Home 2 $105,000 150,000 Home 3 $190,000 199.000 Assume Jordan needs to allocate two major overhead costs ($36,200 of employee fringe benefits and $17760 of indirect materials costs) among the three jobs. Required...
Fanning Construction Company expects to build three new homes during a specific accounting period. The estimated...
Fanning Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: Expected Costs Home 1 Home 2 Home 3 Direct labor $ 80,000 $ 98,000 $ 186,000 Direct materials 102,000 132,000 180,000 Assume Fanning needs to allocate two major overhead costs ($54,600 of employee fringe benefits and $28,980 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead...
Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated...
Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Home 1 $ 73,000 100,000 Home 2 $ 105,000 139,000 Home 3 $ 190,000 184,000 Assume Zachary needs to allocate two major overhead costs ($73,600 of employee fringe benefits and $8,460 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead...
Home 3 Total The cost components to determine the total cost of each house: Expected Costs Home 1 Home 2 Direct labor Direct materials Fringe benefits Indirect materials Total cost 0 $ $ 0 $ 0 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Home 1 $ 62,000 98,000 Home 2 $ 95,000 138,000 Home 3 $187,000 191,000...
Exercise 12-8 Allocating costs among products LO 12-3 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: Expected Costs Direct labor Direct materials Home 1 $79,000 93.000 Home 2 $ 93,000 134,000 Home 3 $182,000 191,000 Assume Jordan needs to allocate two major overhead costs ($53,100 of employee fringe benefits and $20,900 of indirect materials costs) among the three jobs. Required Choose an appropriate cost...
Campbell Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Home 1 $ 74,000 108,000 Home 2 $ 92,000 147,000 Home 3 $186,000 182,000 Assume Campbell needs to allocate two major overhead costs ($35,200 of employee fringe benefits and $21,850 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Benson Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: Expected Costs Direct labor Home 3 Home 1 Home 2 $ 69, e00 $1өө, өөө $186,өөө Direct 131,000 103,000 180,000 materials Assume Benson needs to allocate two major overhead costs ($53,250 of employee fringe benefits and $33,120 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead...
Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materia and labor costs are as follows: Expected costs Direct labor Direct materials Home 1 $ 68,000 103,000 Home 2 $ 97,000 135,000 Home 3 $184,000 197,000 Assume Zachary needs to allocate two major overhead costs ($69,800 of employee fringe benefits and $30,450 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 65,000 99,000 Home 2 $ 108,000 147,000 Home 3 $173,000 191,000 Assume Thornton needs to allocate two major overhead costs ($51,900 of employee fringe benefits and $30,590 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 65,000 99,000 Home 2 $ 108,000 147,000 Home 3 $173,000 191,000 Assume Thornton needs to allocate two major overhead costs ($51,900 of employee fringe benefits and $30,590 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs...
Check my work Exercise 12-8A (Algo) Allocating costs among products LO 12-3 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 67,000 95,000 Home 2 $105,000 150,000 Home 3 $190,000 199.000 Assume Jordan needs to allocate two major overhead costs ($36,200 of employee fringe benefits and $17760 of indirect materials costs) among the three jobs. Required...
Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Home 1 $ 73,000 100,000 Home 2 $ 105,000 139,000 Home 3 $ 190,000 184,000 Assume Zachary needs to allocate two major overhead costs ($73,600 of employee fringe benefits and $8,460 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead...
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