Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 37.job a-15 was recently completed. the job cost s

37.Job A-15 was recently completed. The job cost sheet shows $1,200 of direct materials and...

60.1K

Verified Solution

Question

Accounting

37.Job A-15 was recently completed. The job cost sheet shows $1,200 of direct materials and direct labor wages of $500. The companys direct labor wage rate is $20 per hour and it applies overhead at a rate of $12 per direct labor hour. How much overhead would be applied to job A-15?

A. $720

B. $1,020

C. $240

D. $300

38.Job 123 used $50,000 in direct materials and direct labor wages were $40,000. Manufacturing overhead of $80,000 was applied to the job. The predetermined overhead rate used to apply overhead was $15 per machine hour. Actual manufacturing overhead cost incurred amounted to $76,000. Based on this information, what is the total cost of Job 123? A. $170,000 B. $90,000 C. $166,000 D. $246,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students