Question

1. Assume the job cost sheet for Job X shows that (1) it used 18 direct...

1. Assume the job cost sheet for Job X shows that (1) it used 18 direct labor-hours, (2) it incurred direct materials charges of $500, and (3) its total job cost is $1,335. If the plantwide predetermined overhead rate per direct labor-hour is $13.00, then how much direct labor cost was charged to Job X?

2. At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.50 per direct labor-hour.

Assume that Job X used $200 in direct materials, $288 of direct labor, and 25 direct labor-hours. What is the total job cost for Job X?

Homework Answers

Answer #1
1.) Total Job Cost $ 1,335
Direct materials $ 500
Direct labor cost & Overhead cost $ 835 ( 1,335 - 500 )
Direct labor Cost charged to Job X $ 601 ( 835 - ( 18 x 13 ) )
2.) Amount in $
Direct Materials           200.00
Direct labor           288.00
Variable manufacturing Overhead ( 25 x 1.50 )             37.50
Fixed manufacturing overhead ( 140,000 / 20,000 ) x 25           175.00
Total job cost for Job X           700.50
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
5. Assume (1) a company’s plantwide predetermined overhead rate is $13.00 per direct labor-hour, and (2)...
5. Assume (1) a company’s plantwide predetermined overhead rate is $13.00 per direct labor-hour, and (2) its job cost sheet for Job X shows that this job incurred direct materials and direct labor charges of $500 and $360, respectively. If Job X’s total job cost is $1,289, how many direct labor-hours were worked on this job? 6. Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the period of 55,600 hours,...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $13.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 64,200 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials ? Direct labor ? Manufacturing overhead applied ? Total job cost $ 1,620,000 Job Omega Direct...
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At...
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 39,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $503,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris’s actual manufacturing overhead cost for the year was $691,149 and its actual total direct labor was 39,500 hours. Required:...
2. Sigma Corporation estimates its plantwide predetermined overhead rate annually on the basis of direct labor-hours....
2. Sigma Corporation estimates its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $559,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per direct labor-hour. Sigma’s actual manufacturing overhead cost for the year was $758,696 and its actual total direct labor was 34,500 hours....
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner 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 the following data: Total direct labor-hours 64,000 Total fixed manufacturing overhead cost $678,400 Variable manufacturing overhead per direct labor-hour $ 5.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 30 Total direct labor-hours 300 Direct materials $ 1,350 Direct labor cost $ 11,400...
Bear Corp. estimates that it will require 140,000 direct labor-hours to meet the coming period’s estimated...
Bear Corp. estimates that it will require 140,000 direct labor-hours to meet the coming period’s estimated production level. In addition, the company estimates total fixed manufacturing overhead at $250,000, and variablemanufacturing overhead costs of $3.25 per direct labor hour. What is the Predetermined Overhead Rate for Bear Corp.?
Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist...
Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm’s direct labor includes salaries of consultants that work at the client’s job site, and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients. Tech Solutions computes its predetermined overhead rate...
Golf View Inc. estimates that it will require 300,000 direct labor-hours to meet the coming period’s...
Golf View Inc. estimates that it will require 300,000 direct labor-hours to meet the coming period’s estimated production level. In addition, the company estimates total fixed manufacturing overhead at $150,000, and variable manufacturing overhead costs of $1.50 per direct labor hour. What is its predetermined overhead rate per direct labor hour? $2.55 per direct labor-hour $2.00 per direct labor-hour $2.15 per direct labor-hour $2.10 per direct labor-hour
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made...
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production 130,000 Machine-hours required to support estimated production 65,000 Fixed manufacturing overhead cost $ 364,000 Variable manufacturing overhead cost per direct labor-hour $ 4.00 Variable manufacturing overhead cost per machine-hour $ 8.00 During the year, Job 550 was started and completed. The following information is available with respect to this job: Direct materials $ 253...
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made...
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production 135,000 Machine-hours required to support estimated production 67,500 Fixed manufacturing overhead cost $ 378,000 Variable manufacturing overhead cost per direct labor-hour $ 4.20 Variable manufacturing overhead cost per machine-hour $ 8.40 During the year, Job 550 was started and completed. The following information is available with respect to this job: Direct materials $ 196...