The following data have been recorded for recently completed

The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,127 A total of 32 direct labor- hours and 256 machine-hours were worked on the job. The direct labor wage rate is $20 per labor-hout. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $27 per machine-hour. The total cost for the job on its job cost sheet would be: lamoe Skipped Multiple Choice $11,824 $6,635 9,679 $7054

Solution

8 Particulars Amount Direct materials 2127 Labor 640 =32*20 Overhead 6912 =256*27 Job cost 9679 9 Direct materials 730 Labor 1460 Overhead 420 =30*14 Job cost 2610 Overhead per hour Variable oh 4 Fixed overhead 10 =310000/31000 14 10 Direct materials 870 Labor 1740 Overhead 728 =80*9.1 Job cost 3338 Units 20 Per unit cost 166.9 Overhead per hour Variable oh 3 Fixed overhead 6.1 =481900/79000 9.1