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

Homework Answers

Answer #1

Thankyou..........

Know the answer?
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
Similar Questions
The following data have been recorded for recently completed Job 674 on its job cost sheet....
The following data have been recorded for recently completed Job 674 on its job cost sheet. Direct materials cost was $2,102. A total of 41 direct labor-hours and 197 machine-hours were worked on the job. The direct labor wage rate is $23 per labor-hour. The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $25 per machine-hour. The total cost for the job on its job cost sheet would be: Multiple Choice $4,926 $10,115 $7,970...
Job 243 was recently completed. The following data have been recorded on its job cost sheet:...
Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 49,370 Direct labor-hours 410 labor-hours Direct labor wage rate $ 12 per labor-hour Machine-hours 491 machine-hours Number of units completed 2,800 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $12 per machine-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to...
The following data have been recorded for recently completed Job 450 on its job cost sheet....
The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $1,678. A total of 30 direct labor-hours and 46 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $18 per machine-hour. What is the total cost for Job 450? a.) 2,770 b.) 2,590 c.) 1,754 d.) 2,866
ob-Order Costing Ace Custom Jewelry Company uses a job-order cost system. The company applies manufacturing overhead...
ob-Order Costing Ace Custom Jewelry Company uses a job-order cost system. The company applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor hours. The estimated MOH was $135,000 for the year and the estimated direct labor hours were 15,000 hours. In May, Job #378 was completed. Direct materials totaled $8,500. Total labor costs were $14,000 at $16 per hour. At the end of the year, it was determined that the company worked 16,000 direct labor...
Job 652 was recently completed. The following data have been recorded on its job cost sheet....
Job 652 was recently completed. The following data have been recorded on its job cost sheet. Direct materials=$59,900 Direct labor-hours=1,225 DLHs Direct labor wage rate= $14 per DLH Number of units completed=3,700 The company applies manufacturing overhead on the basis of direct labor hours. The predetermined overhead rate is $32 per direct labor hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round answer to 2 decimal places.) Unit product cost=????
Job 652 was recently completed. The following data have been recorded on its job cost sheet:...
Job 652 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 61,900 Direct labor-hours 1,229 DLHs Direct labor wage rate $ 12 per DLH Number of units completed 4,100 units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $36 per direct labor-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2...
London Ceramics makes custom ceramic tiles. During​ March, the company started and finished Job​ #266. Job​...
London Ceramics makes custom ceramic tiles. During​ March, the company started and finished Job​ #266. Job​ #266 consists of 3,500 ​tiles; each tile sells for $18. The​ company's records show the following direct materials were requisitioned for Job​ #266. Basic terra cotta​ tiles:   3,500 units at ​$4 per unit Specialty​ paint:   13 quarts at $10 per quart High gloss​ glaze: 12 quarts at $20 per quart Labor time records show the following employees worked on Job​ #266: Alice​ Cooper: 22...
London Ceramics makes custom ceramic tiles. During​ March, the company started and finished Job​ #266. Job​...
London Ceramics makes custom ceramic tiles. During​ March, the company started and finished Job​ #266. Job​ #266 consists of 3,500 ​tiles; each tile sells for $18. The​ company's records show the following direct materials were requisitioned for Job​ #266. Basic terra cotta​ tiles:  3,500 units at ​$4 per unit Specialty​ paint:  13 quarts at $10 per quart High gloss​ glaze: 12 quarts at $20 per quart Labor time records show the following employees worked on Job​ #266: Alice​ Cooper: 22...
The Green Company makes boats from wood. Job 489 is to build 40 rowboats. Job 489...
The Green Company makes boats from wood. Job 489 is to build 40 rowboats. Job 489 requires 1,000 pounds of wood costing $8 per pound. It requires 60 hours of direct labor costing $25 per hour.                                                                Total cost for all jobs        Total amount of activity for all jobs Type of manufacturing overhead      for the whole year                      for the whole year Setup Cost                                                        $50,000                                 400 setups Materials Handling                                         320,000                           16,000 moves Electricity                                                           30,000                             6,000 machine hours                                                                           _______ Total manufacturing...
[The following information applies to the questions displayed below.] Delph Company uses a job-order costing system...
[The following information applies to the questions displayed below.] Delph Company uses a job-order costing system and has two manufacturing departments—Molding and Fabrication. The company provided the following estimates at the beginning of the year:    Molding Fabrication Total Machine-hours 30,000 40,000 70,000 Fixed manufacturing overhead costs $ 740,000 $ 220,000 $ 960,000 Variable manufacturing overhead cost per machine-hour $ 5.10 $ 5.10    During the year, the company had no beginning or ending inventories and it started, completed, and...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT