Answer is $231
Direct materials cost = $150
Direct labor cost = Direct labor hours * Direct labor rate per
hour
Direct labor cost = 3 * $12
Direct labor cost = $36
Predetermined overhead rate = Estimated overhead / Estimated
direct labor hours
Predetermined overhead rate = $42,000 / 2,800
Predetermined overhead rate = $15 per direct labor hour
Overhead applied = Predetermined overhead rate * Direct labor
hours
Overhead applied = $15 * 3
Overhead applied = $45
Total cost = Direct materials cost + Direct labor cost +
Overhead applied
Total cost = $150 + $36 + $45
Total cost = $231
Job MA123 required $150 of direct materials and 3 direct labour hours at $12 per hour....
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Weaver Company’s predetermined overhead rate is $15.00 per direct labour-hour, and its direct labour wage rate is $10.00 per hour. The following information pertains to Job A-200: Direct materials $315 Direct labour $210 Required: 1. What is the total manufacturing cost assigned to Job A-200? 2. If Job A-200 consists of 40 units, what is the average cost assigned to each unit included in the job? Score answer Visit question map Question 1 of 2 Total
1) Job 200 Job 201 Job 202 Direct Materials S 500 350 1,000 Direct Direct Labour Cost Labour Hours $800 200 10 600 30 Franks Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocation base. This period's estimated overhead cost is $100,000 and estimated direct labour cost of $50,000 and 2,500 direct labour hours. What is the overhead allocation rate? *a) 200% b) 50% c) 30% d) 60%
Weaver Company’s predetermined overhead rate is $15.00 per direct labour-hour, and its direct labour wage rate is $10.00 per hour. The following information pertains to Job A-200: Direct materials $315 Direct labour $210 Required: 1. What is the total manufacturing cost assigned to Job A-200? 2. If Job A-200 consists of 40 units, what is the average cost assigned to each unit included in the job? Score answer Visit question map Question 1 of 2 Total
Job XXX required 260 direct labour hours of which 220 hours were incurred during the current accounting period. The predetermined overhead cost rate is £7.50 per direct labour hour. How much overhead should be applied to Job XXX during the current accounting period ? a. £915 b. £1,650 c. £1,950 d. £366
Exercise 5-2 Computing Job Costs [LO2] Weaver Company's predetermined overhead rate is $15.00 per direct labour-hour, and its direct labour wage rate is $10.00 per hour. The following information pertains to Job A-200: $405 Direct materials Direct labour $270 Required: 1. What is the total manufacturing cost assigned to Job A-2002 Total manufacturing cost 2. If Job A-200 consists of 40 units, what is the average cost assigned to each unit included in the job? Average cost per unit
4 Luthan Company uses a plantwide predetermined overhead rate of $23.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $282,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours 1 points Skipped The company incurred actual total manufacturing overhead cost of $267,000 and 10,600 total direct labor hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during...
Job 450 requires $10,800 of direct materials, $8,700 of direct labor, 600 direct labor hours, and 430 machine hours. Manufacturing overhead is computed at $20 per direct labor hour used and $18 per machine hour used. The total cost of Job 450 is O A. $17,500. O B. $37,240. O C. $29,500. OD. $19,740.
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