Job 456 was recently completed. The following data have been
recorded on its job cost sheet:
Direct materials | $ | 2,463 | |
Direct labor-hours | 79 | labor-hours | |
Direct labor wage rate | $ | 16 | per labor-hour |
Machine-hours | 137 | machine-hours | |
The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $17 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 456 would be:
Multiple Choice
$3,727
$6,056
$3,380
$6,896
Answer:2nd option)$6,056
Total Cost= Direct material+direct labour+ manufacturing overhead
=2463+(79*16)+(137*17)
=2463+1264+2329
=$6,056
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Job 456 was recently completed. The following data have been recorded on its job cost sheet:...
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