Dixboro Company manufactures one product and accounts for costs using a job cost system. You have...

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Dixboro Company manufactures one product and accounts for costs using a job cost system. You have obtained the following info

business accounting

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Answer 1

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Direct material used	$ 8,750,000.00
Direct labor	$ 3,500,000.00
Manufacturing overhead applied	$ 5,250,000.00

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Direct material used	$ 8,750,000.00	(17500000-3500000-5250000)
Direct labor	$ 3,500,000.00	(5250000/150*100)
Manufacturing overhead applied	$ 5,250,000.00	(17500000 x 30%)

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Answer 2

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