Question

in October, Boston started and completed the following two jobs E (Click the icon to view the jobs.) Boston Heating & Cooling installs and services commercial heating and cooling systems. Boston uses job costing to calculate the cost of its jobs Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Boston estimated that its overhead for the coming year would be $66,400. It also anticipated using 4,150 direct labor hours for the year. Boston paid a $22-per-hour wage rate to the employees who worked on these two jobs Read the requirements Requirement 3. What is the total cost of Job 101? What is the total com i Data Table Job 101 Job 102 Direct labor Direct materials Ovemead Direct materials used Direct labor hours used Job 101 Job 102 $ 17,500 $ 11.000 160 75 Totaljob cost Choose from any list or enter any number in the input fields and the Print Done All parts showing

Answer 1

Estimated Overheads Esitimated Labour hours Overhead per hour (b) $ 66,400.00 4150 hours $ 16.00 Direct Labor expense Job 101 (160 hours x $22 per hour) Job 102 (76 hours x $22 per hour) $ 3,520.00 $ 1,672.00 Overheads Job 101 (160 hours x $16 per hour) Job 102 (76 hours x $16 per hour) $ 2,560.00 $ 1,216.00 Direct Labor Direct Material Overhead Total job Cost Job 101 $ 3,520.00 $ 17,500.00 $ 2,560.00 $ 23,580.00 Job 102 $ 1,672.00 $ 11,000.00 $ 1,216.00 $13,888.00

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