Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost....

Question

Question

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 inclu

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

a.

Total manufacturing cost:

= $11,995 + $10,700 + ($10,700 X 115%)

= $35,000

b.

Unit product cost:

= $35,000 / 1,250

= $28

Add a comment

Answer 2

Similar Homework Help Questions

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $20,410 in direct materials cost and $10,600 in direct labor cost. A total of 1,600 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313?
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $19,060 in direct materials cost and $10,600 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? Total manufacturing cost b. Unit product cost
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $27,550 in direct materials cost and $11,000 in direct labor cost. A total of 1,600 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a. Total manufacturing cost b. Unit product cost

Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 313 includes $18,809 in direct materials cost and $10,700 in direct labor cost. A total of 1,600 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313?
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 include $13,015 in direct materials cost and $10,900 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? Answer is complete but not entirely correct. Total manufacturing cost Unit product cost...
Newhard Company assigns overhead cost to jobs on the basis of 112% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 112% of direct labor cost. The job cost sheet for Job 313 includes $20,728 in direct materials cost and $10,600 in direct labor cost. A total of 1,600 units were produced in Job 313 Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a. Total manufacturing cost b. Unit product cost

Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 313 includes $20,550 in direct materials cost and $10,000 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? Total manufacturing cost b. Unit product cost
Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost. A total of 1,000 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a. Total manufacturing cost b. Unit product cost
Newhard Company assigns overhead cost to jobs on the basis of 117% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 117% of direct labor cost. The job cost sheet for Job 313 includes $27,383 in direct materials cost and $10,100 in direct labor cost. A total of 1.450 units were produced in Job 313 Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a Total manufacturing cost b. Unit product cost

Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost....

Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 313 includes $28,385 in direct materials cost and $10,500 in direct labor cost. A total of 1,750 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a. Total manufacturing cost b. Unit product cost

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost....

Homework Answers