Question

Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Overhead rate = (250800/38000+2.4)

= 9 per hour

calculate selling price of Job

Job X941
Direct material 800
Direct labor 5800
Overhead (400*9) 3600
Total cost

10200

Markup 2040
Selling price

12240

Add a comment
Know the answer?
Add Answer to:
Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

    Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 38,000 direct labor-hours, total fixed manufacturing overhead cost of $243,200, and a variable manufacturing overhead rate of $5.00 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor hours:...

  • Mcewan Corporation uses a job order costing system with a single plantwide predetermined overhead rate based...

    Mcewan Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on 35,000 direct labor hours, total fixed manufacturing overhead cost of $273.000, and a variable manufacturing overhead rate of $3.00 per direct labor hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data....

  • Mcewan Corporation uses a Job-order costing system with a single plantwide predetermined overhead rate based on...

    Mcewan Corporation uses a Job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on 23.000 direct labor-hours, total fixed manufacturing overhead cost of $170.200, and a variable manufacturing overhead rate of $5.00 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours...

  • Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

    Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on 21.000 direct labor-hours, total fixed manufacturing overhead cost of $163,800, and a variable manufacturing overhead rate of $3.30 per direct labor-hour Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours...

  • Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

    Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 45,000 direct labor-hours, total fixed manufacturing overhead cost of $315,000, and a variable manufacturing overhead rate of $3.80 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours 300...

  • Help Save 8 Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead...

    Help Save 8 Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on 48,000 direct labor-hours, total fixed manufacturing overhead cost of $307,200, and a variable manufacturing overhead rate of $2.80 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:...

  • 33 Mcewa Corporation uses a job order costing system with a single plantwide predetermined overhead rate...

    33 Mcewa Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on 38.000 direct labor-hours, total fored manufacturing overhead cost of $250,800, and a variable manufacturing overhead rate of $2.40 per direct laber-hour Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data 1...

  • Item 6 Item 6 Mcewan Corporation uses a job-order costing system with a single plantwide predetermined...

    Item 6 Item 6 Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 21,000 direct labor-hours, total fixed manufacturing overhead cost of $163,800, and a variable manufacturing overhead rate of $3.30 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:...

  • Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

    Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed: 40 Number of units in the job Total direct labor-hours Direct materials Direct labor cost 80 $...

  • Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

    Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $442,500, variable manufacturing overhead of $2.50 per machine-hour, and 59,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: Number of units in the job 10 Total machine-hours 80 Direct materials $ 870 Direct labor cost $ 1,740 If...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT