& S17-6 (similar to) Job 303 inclu des drect materials costs of S530 ar d direct...
S19-6 (similar to) Job 303 includes direct materials costs of $520 and direct labor costs of $420 of the predetermined overhead allocation rate is 70% of direct labor cost, what is the total cost assigned to Job 3037 Complete the following table to calculate the total cost assigned to Job 303 Total cost of Job 303 Total cost
ACC. 212-100 MANAGERIAL ACCOUNTING Jamila Johnso Homework: CHAPTER 17 Score: 0 of 1 pt S17-6 (book/static) 4 of 10 (5 complete) HW Score: 32 11%, 3210 Question Help Job 303 includes direct materials costs of $550 and direct labor costs of $400.if the predetermined overhead alocation ae assigned to Job 303? Complete the following table to calculate the total cost assigned to Job 303 Total cost of Job 303 Ohoose trom any list or enter any number in the input...
Southern Rim Parts estimates its manufacturing overhead to be $409,500 and its direct labor costs to be $910,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $50,000 for Job 301, $75,000 for Job 302, and $100,000 for Job 303. For the year, actual manufacturing overhead was $474,000 and total direct labor cost was $849,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates....
Southern Rim Parts estimates its manufacturing overhead to be $432,000 and its direct labor costs to be $1,080,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $67,000 for Job 301, $92,000 for Job 302, and $185,000 for Job 303. For the year, actual manufacturing overhead was $389,000 and total direct labor cost was $832,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates....
Exercise 2-5 (Algo) Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates (LO2-4] Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $20.00 per direct labor-hour and 120% of direct materials cost, respectively. The company's direct labor wage rate is $26.00 per hour. The following information pertains to Job 700: Direct materials Direct labor Finishing $460 $390 Fabrication $ 85 $286 Required: 1. What is the total manufacturing...
The Blodeau Manufacturing Company's costng system has two drect-cost calegories drect materials and direct manufacturing labor Manufacturing overhead (both variable and fived) is alocated to products on the basis of standard direct manufacturing labor-hours (DLH) At the beginning of 2017, Blodeau adopled the folowing standards for its manutacturing costs (Clck to view the standards) Click to view additional information) Read the requirements Raquiremerd 1. Prepare a schedue of total standard manutacturing oosts for the 7,500 output units in January 2017...
Southern Rim Parts estimates its manufacturing overhead to be $400,000 and its direct labor costs to be $1,000,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $59,000 for Job 301, $84,000 for Job 302, and $145,000 for Job 303. For the year, actual manufacturing overhead was $429,000 and total direct labor cost was $840,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates....
(c) (d) Record the purchase of raw materials, the factory labor costs incurred, and the manufacturing overhead costs incurred during the month of January. Record the assignment of direct materials, direct labor, and manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). Post all costs to the job cost sheets as necessary Total the job cost sheets for any job(s) completed during the month. Record the completion of any job(s) during the...
Southern Rim Parts estimates its manufacturing overhead to be $472,500 and its direct labor costs to be $1,050,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $64,000 for Job 301, $89,000 for Job 302, and $170,000 for Job 303. For the year, actual manufacturing overhead was $404,000 and total direct labor cost was $835,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates....
EXERCISE 3-3 Computing Job Costs [LO3–3] Mickley Company's predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to Job A-500: Direct materials .. Direct labor ................ $230 $108 Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 40 units, what is the average cost assigned to each unit included in the job?