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drek231 [11]
3 years ago
14

Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, th

e first month of operations: a. Materials purchased on account, $45,000. b. Materials requisitioned and factory labor used: Job Materials Factory Labor 301 $ 1,850 $2,500 302 3,150 7,220 303 2,200 5,350 304 1,800 2,400 305 4,230 6,225 306 1,770 2,900 For general factory use 1,200 5,000 c. Factory overhead costs incurred on account, $1,800. d. Depreciation of machinery and equipment, $2,500. e. The factory overhead rate is $30 per machine hour. Machine hours used: Job Machine Hours 301 30 302 60 303 41 304 63 305 70 306 36 Total 300 f. Jobs completed: 301, 302, 303, and 305. g. Jobs were shipped and customers were billed as follows: Job 301, $8,500; Job 302, $16,150; Job 303, $13,400.
Business
1 answer:
dimulka [17.4K]3 years ago
8 0

Answer:

The solution is shown in the file attached below

Explanation:

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Explanation:

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Answer:

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Variable overhead $ 4 per unit

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Absorption Costing: 4,000 * 14= $ 56,000

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