The following information is provided about Job 5 Actual dir

The following information is provided about Job #5:

Actual direct material costs, $10,000
Actual direct labor costs, $20,000
Actual overhead costs, $15,000
Estimated direct material costs, $12,000
Estimated direct labor costs, $19,000
Estimated (applied) overhead, $18,000

Assuming the company uses NORMAL costing instead of actual costing, what is the cost of Job #5?

$45,000

$48,000

$49,000

$50,000

Solution

Calculate cost of job #5:

so answer is c) $49000