Ilanlagen The prime cost of Job No. 55 was $2,500. Manufacturing Overhead was applied based...

50.1K

Verified Solution

Question

Accounting

image

Ilanlagen The prime cost of Job No. 55 was $2,500. Manufacturing Overhead was applied based on machine hours. The POHR was $80 per machine hour. Assuming Job No. 55 needed 20 machine hours to complete, calculate the .cost of Job No. 55 n a. $4,181 O 5 b. $4,482 O C. $1,680 O d. $2,581 O e. None of the answers given O Company XYZ applies overhead cost to jobs on the basis of direct labor cost. Job A, which was started and completed during the currerft period, shows charges of $15,000 for direct materials $13,000 for direct lahor

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