![Requirement 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310s job cost record Job Cost Record for Job 310 Direct Materials: Lumber Padding Upholstery fabric Total unts atper unit yards atper yard per yard yards at Total Direct Materials Direct Labor: Joe Hume Patrick Em--コhours at □ hours at匚 hours at ] per hour per hour- Total Direct Labor hours Manufacturing Overhead Allocated: 12 Per direct labor hour Total Jon Cost Enter any number in the edit fields and then click Check Answer](http://img.homeworklib.com/questions/878f8890-7888-11ea-a89e-65e2e44c9795.png?x-oss-process=image/resize,w_560)
Homework Answers
1.
Job cost record for Job 310
| Direct materials | Total | |||
| Lumber | 51 units | $5 per unit | 255 | |
| Padding | 11 yards | $14 per yard | 154 | |
| Upholstery fabric | 31 yards | $25 per yard | 775 | |
| Total direct materials | 1,184 | |||
| Direct labor | ||||
| Joe Hume | 11 hours | $13 per hour | 143 | |
| Patrick Erin | 19 hours | $16 per hour | 304 | |
| Total direct labor | 447 | |||
| Manufacturing overhead allocated | ||||
| $12 per direct labor hour (12 x 30) | 360 | |||
| Total job cost | $1,991 | |||
2.
Gross profit = Sales - Total job cost
= 10 x 800 - 1,991
= $6,009
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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...
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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...
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...
London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job #266 consists of 2,800 tiles, each tile sells for $16. The company's records show the following direct materials were requisitioned for Job #266. Basic terra cotta tiles: 2,800 units at $10 per unit Specialty paint: 5 quarts at $14 per quart High gloss glaze: 4 quarts at $22 per quart Labor time records show the following employees worked on Job #266: Alice Cooper: 28...
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