Question

Z Company makes custom motorboats. It incurred the following costs for the just completed job B011....

Z Company makes custom motorboats. It incurred the following costs for the just completed job
B011. 500 units of direct materials were used at a cost per kilogram of RM25. The job cost sheet
indicates that a total of 90 direct labor-hours incurred on job B011. The workers were paid at a rate
of RM18 per hour. The company applies overhead based on machine hours. At the beginning of the
year, it was estimated that the total amount of overhead would be RM180,000 and a total of 30,000
machine hours would be incurred. Job B011 required 150 machine hours.
Determine the total cost assigned to Job B011

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