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Accounting

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Spritzy Company has just completed its first year of operations. During the year they had the following production information Actual manufacturing overhead $337,000 Direct labor $456,300 Ending materials $55,000 Estimated manufacturing overhead $375,000 Indirect materials $26,000 Material purchases $517,000 In addition to the above information, factory workers are paid $27 per hour. Total factory worker hours were 15% less than estimated During the year, Spritzy Company started and completed Job 003. This job consumed 25% of the total direct direct materials used this year and 20% of the direct labor hours. Determine the total cost for Job 003. Do not enter dollar signs or commas in the input boxes. Round the predetermined overhead to 2 decimal places. Round all other answers to the nearest whole number Total Direct Material Costs: $ Total Direct Labor Hours: Total Estimated Direct Labor Hours: Total Estimated Manufacturing Overhead: $ Predetermined Overhead Rate: $ Direct Material Costs Job 003: $ Labor Costs Job 003: $ Labor Costs Job 003: $ Manufacturing Overhead Job 003: $ Total Costs Job 003: $

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